Bangladesh’s 2.5% Government Remittance Incentive

When you send money to Bangladesh through TransferGo, your family may automatically receive an extra 2.5% on top of their transfer — a cash incentive paid by the Government of Bangladesh to encourage remittances through official, licensed channels.

If you send 1,000 USD to Bangladesh, your family receives 1,025 USD.

That extra 25 USD comes directly from the Bangladesh government — not from TransferGo.

Who qualifies?

You’re likely eligible if:

• You hold Bangladeshi citizenship
• You currently reside and work abroad (this includes students, permanent residents, and workers on temporary visas).
• Your remittance is sent through an officially licensed money transfer operator or banking institution, such as TransferGo

The incentive generally does not apply if the sender is paid by a government, statutory, or autonomous/semi-autonomous body, or if the transfer is a business/trade transaction rather than a personal remittance.

What does it apply to?

The incentive is credited on:

• Bank account deposits
• Licensed mobile financial services (MFS) wallets, such as bKash and Nagad

It’s applied automatically by the receiving bank or MFS provider when the funds land in Bangladesh — there’s no separate application or claim process for the sender or recipient.

Is there a limit?

There’s no government-imposed cap on how much you can send. Transfers up to 500,000 BDT are credited with the bonus automatically, with no extra paperwork. Above that, the receiving bank may ask for additional documents — a copy of the sender’s passport and proof of overseas employment — before releasing the incentive. Exact limits and documentation requirements are set by the receiving bank, so your recipient should confirm current requirements with them directly.

Good to know

• This is a Bangladesh government policy, not a TransferGo promotion. It has been in place since 2019 (originally 2%) and was raised to 2.5% in January 2022.
• The incentive is paid in BDT, based on the value of the transfer at the exchange rate applied.
• Rules are set by the Government of Bangladesh / Bangladesh Bank and may change without notice. TransferGo does not control disbursement of the incentive — if it doesn’t appear, the recipient should contact their receiving bank or wallet provider.
• This information is provided for general guidance only and is not financial or legal advice.