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Bangladesh

Type Description
Cash-out Method Direct credit to bank account in Bangladesh Taka (BDT). A valid branch code is required**. Supported account type – individual only.
Transaction Turnaround Time Subjected to Singapore office timing and funds being received
  • T+2 business days, subject to receiving bank acceptance. Transaction final status may be returned the following day after account is successfully credited

* business day in Bangladesh is Sunday – Thursday
** Branch code is required to process the transactions
Area availability Participating Bangladesh NGO/MFI/Banks
Validation / Verification Account validation with beneficiary name, beneficial bank name, bank code and bank account number.
Amount received Beneficiary received net amount as specified by Sender
Transaction Limit Max Transaction Limit per transaction BDT 1,500,000.00 per day Minimum per Transaction BDT 50
  • Compliance accumulated limit BDT 1,000,000.00 per day

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 pickup Bangladesh Taka (BDT) at any supported outlets
Transaction Turnaround Time Subjected to Singapore office timing and funds being received
  • Monday to Thursday: Can be collected within 2 hours
  • Saturday, Sunday or Public Holiday: Can be collected next working day
Transaction Working Hours Business 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 Participating Bangladesh NGO/MFI/Banks
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 200,000.00
Minimum per Transaction BDT 10.00
Compliance accumulated limit BDT 1,000,000.00 per day
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 payout agent.
Cancellation Process Cancellation is allowed if the payout is not claim
Location
Outlet Name Link
NRB Cash Pickup http://www.nrbbankbd.com/atm-locations/
Cash Pickup @ Argani Bank Limited https://www.agranibank.org/all_branch.php
Cash Pickup @ BANGLADESH KRISHI BANK https://www.xpresscheque.com/pages/draweebranches/BKRBBD.htm
Cash Pickup @ ISLAMI BANK BANGLADESH LIMITED http://www.islamibankbd.com/branchinfo/locateBr.php
Cash Pickup @ PUBALI BANK LIMITED http://www.banksbd.org/pubali-bank/branches/
Cash Pickup @ RUPALI BANK LIMITED http://www.banksbd.org/rupali-bank/branches/
Cash Pickup @ SONALI BANK LIMITED http://www.sonalibank.com.bd/#
Cash Pickup @ JANATA BANK BANGLADESH LIMITED http://janatabank-bd.com/onlinebranches.html
Cash Pickup @ UTTARA BANK BANGLADESH LIMITED https://www.uttarabank-bd.com/index.php/home/branches
Cash Pickup @ MERCHANTILE BANK LIMITED http://www.mblbd.com/home/branch
Cash Pickup @ DUTCH BANGLA BANK LIMITED https://app.dutchbanglabank.com/DBBLWeb/BranchLocation
Cash Pickup @ PREMIER BANK LIMITED http://premierbankltd.com/pbl/atm-branch-locator/
Cash Pickup @ NATIONAL BANK BANGLADESH LIMITED https://www.nblbd.com/home/branches
Cash Pickup @ Brac Bank https://www.bracbank.com/en/atms-and-brances-location/
Type Description
Cash-out Method Direct credit to E-Wallet in Bangladesh Taka (BDT).
Transaction Turnaround Time
  • Within 20 minutes credit to electronic wallet

Subjected to Singapore office timing and funds being received
Area availability BKash Payout Agent
Validation / Verification Beneficiary to provide.
  • All details that includes receiver wallet number (bank account number), phone number “+88[11digits]”, i.e.: +8812345678901
Amount received Beneficiary received net amount as specified by Sender
Transaction Limit Maximum Number of Transaction:
  • Per Day: 5
  • Within last 30 Days: 20
Amount Per Transaction:
  • Min.[BDT]: 50
  • Max.[BDT]:25,000
Maximum Amount:
  • Per Day[BDT]: 25,000
  • Within last 30 days [BDT]: 150,000
Service Charge Transaction fee will not be refunded upon submitted to the banks.
Cancellation Process No cancellation, reversal or amendment allowed once the transaction processed.
Remarks Sender and beneficiary name are required during the validation request.