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Bangladesh
| Type | Description |
|---|---|
| Direct to Bank Method |
Direct credit to bank account in Bangladesh Taka (BDT)
Supported sender type - Individual Supported beneficiary type – Individual |
| Transaction Turnaround Time |
T+2 business days, subject to receiving bank acceptance. Transaction final status may be returned the following day after account is successfully credited
Subjected to Singapore office timing and funds being received Business day in Bangladesh is Sunday – Thursday |
| Area availability | Bangladesh nationwide |
| Validation / Verification | Branch code is required |
| Amount received | Beneficiary received net amount as specified by sender |
| Transaction Limit |
Maximum per transaction BDT 200,000.00
Minimum per transaction BDT 50.00 Compliance accumulated limit BDT 2,000,000.00 per day per beneficiary Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit |
| Service Charge | Transaction fee will not be refunded upon submitted to the banks |
| Cancellation Process | Cancellation is on best effort basis |
| Type | Description |
|---|---|
| Cash-out Method |
Cash pick up Bangladesh Taka (BDT) at any supported outlets
Supported sender type - Individual Supported beneficiary type – Individual |
| Transaction Turnaround Time |
Within 15 minutes
Subjected to Singapore office timing and funds being received |
| Transaction Working Hours |
Operating hours for all available cash-pickup locations differ, however normal business hours 9am – 4pm Sunday – Thursday (Bangladesh timezone, GMT+6)
Selected branches may operate extended hours and weekend Subjected to Singapore office timing and funds being received |
| Area availability | Bangladesh nationwide |
| Validation / Verification | Beneficiary to provide valid photo-bearing ID (Government ID, Driving License, Passport etc) Name and Unique Transaction Number |
| Amount received | As specified by sender |
| Transaction Limit |
Maximum per transaction BDT 400,000.00
Minimum per transaction BDT 10.00 |
| Service Charge | Transaction fee will not be refunded upon submitted to the payout agent |
| Cancellation Process | Cancellation is allowed if the payout is not claim |
| Type | Description |
|---|---|
| Cash-out Method | Direct credit to e-wallet in Bangladesh Taka (BDT) |
| Transaction Turnaround Time |
Within 20 minutes credit to e-wallet
Subjected to Singapore office timing and funds being received |
| Area availability | Bangladesh nationwide |
| Validation / Verification | Validation with the registered mobile number |
| Amount received | Beneficiary received net amount as specified by sender |
| Transaction Limit |
Maximum per transaction BDT 125,000.00
Minimum per transaction BDT 50.00 Maximum e-wallet limit BDT 450,000.00 Monthly limit BDT 450,000.00 |
| Service Charge | Transaction fee will not be refunded upon submitted to the banks |
| Cancellation Process | Cancellation is on best effort basis |
| Remarks | Sender and beneficiary name are required during the validation request |