Bangladeshi expatriates sent $1.93 billion in remittances in the first 22 days of February, according to Bangladesh Bank data.
In the past seven months, since July, remittance inflows have exceeded $2 billion per month for six consecutive months. February is also expected to surpass this mark.
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During January, expatriates sent $2.19 billion in total remittances.
Of the $1.93 billion received so far in February, $686.98 million came through state-owned banks, $144.38 million through one of the two specialised banks (Krishi Bank), $1,094.29 million through private banks, and approximately $4.29 million through foreign banks.
However, nine banks did not receive any remittances during this period.
These include the state-owned Bangladesh Development Bank (BDBL) and the specialised Rajshahi Krishi Unnayan Bank. Among private banks, Community Bank, ICB Islami Bank, and Padma Bank failed to receive remittances, while in the foreign sector, Habib Bank, National Bank of Pakistan and State Bank of India recorded no inflows.
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In December 2024, expatriates sent a record-breaking $2.64 billion in remittances, the highest-ever in Bangladesh's history.