Remittance inflows to Bangladesh are once again heading toward a record high, driven by a sharp decline in money laundering and reduced use of informal transfer methods like hundi. Since the interim government assumed office, the flow of remittance has accelerated significantly, breaking records in consecutive months. The highest and second-highest monthly remittance figures were recorded in March and April, respectively.
This strong inflow continues into May. In just the first seven days of the month, Bangladesh received $735 million in remittances. At the current exchange rate of Tk 122 per dollar, that amounts to approximately Tk 8,967 crore. On average, the country is receiving about $105 million—or over Tk 1,280 crore—per day. If this trend continues, remittance for May could exceed $3 billion, setting a new monthly record.
According to Bangladesh Bank, the $735 million received in the first week of May 2025 is $135 million higher than the $601 million received during the same period in May 2024.
From July of the current fiscal year through May 7, Bangladesh has received a total of $25.27 billion in remittances. During the same period in the previous fiscal year (2023–24), the figure was $19.72 billion—indicating a year-on-year increase of over $5.5 billion. This reflects a growth rate of 28.2% in remittance inflows so far this fiscal year.
Monthly Remittance Figures for FY 2024–25:
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July: $1.91 billion
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August: $2.22 billion
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September: $2.40 billion
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October: $2.39 billion
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November: $2.20 billion
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December: $2.64 billion
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January: $2.19 billion
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February: $2.53 billion
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March: $3.29 billion (highest)
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April: $2.75 billion (second-highest)
If the current pace continues, May may mark another historic milestone for Bangladesh’s remittance sector.
