Bangladeshi expatriates transferred approximately Tk 200 billion (£1.45bn) directly to the bKash mobile financial service (MFS) accounts of family members in 2025, highlighting the rapid digitisation of remittance flows into the country.
According to bKash data, remittances reached 4.1 million recipient accounts during the year—nearly double the number recorded in 2024.
The surge reflects growing confidence among overseas workers in formal digital channels, driven by faster transfers, ease of use and enhanced security.
Overall, Bangladesh received a record volume of remittances in 2025, amounting to nearly USD 33 billion, a 22 per cent increase year-on-year.
Transfers routed through mobile financial services grew by more than 90 per cent over the same period, underscoring a structural shift away from traditional cash-based and informal remittance systems.
Expatriates can now send money directly to bKash accounts through 135 international money transfer operators (MTOs) operating across more than 170 countries, with settlements processed via 27 leading commercial banks in Bangladesh.
Remittance recipients also benefit from a government incentive of Tk 25 per Tk 1,000 sent through formal channels, part of a broader effort to encourage legal inflows of foreign currency.
To improve transparency and financial record-keeping, bKash has introduced a “Remittance Statement” feature within its app, enabling users to review transaction histories and download statements—an option particularly useful for income tax filings.
Recipients can withdraw funds from bKash agent points nationwide or from more than 2,500 ATMs, with ATM cash-out fees set at Tk 7 per Tk 1,000. Beyond withdrawals, remittance funds can be used for utility payments, education fees and retail transactions.