Millions of Bangladeshi nationals are employed in various professions across reputable organizations worldwide. Their expertise and professional acumen have earned Bangladesh not only global recognition but also a substantial inflow of hard currency, which strengthens the backbone of our economy. Bangladeshi nationals living abroad remit their hard-earned savings through banking channels, yet not all are aware regarding the full range of convenient banking options available for sending their money.
Agrani Bank PLC, a leader in foreign remittances, is equipped with modern tools such as SWIFT (Society for Worldwide Interbank Financial Telecommunications), internet, and telecommunication platforms to ensure the fast and secure transfer of foreign remittances to beneficiaries. Agrani Bank PLC has a growing network of 979 branches, 558 agent points, 320 Remit Only Points (ROP), and collaborations with mobile banking services like Nagad and bKash as distribution channels to deliver foreign remittances across every corner of Bangladesh.
Agrani Bank PLC has also established relationships with approximately 305 overseas correspondents and 85 exchange houses and banks worldwide, positioning itself to meet the banking needs of both foreign clients and Bangladeshi Diasporas living abroad regarding remittances.
To serve the large number of Bangladeshi expatriates in Singapore, Agrani Bank PLC took the bold step of establishing Agrani Exchange House Pte Ltd. in Singapore, a fully owned subsidiary that commenced operations in February 2002. Additionally, the part of extending remittance service in Malaysia, Agrani Remittance House, Sdn. Bhd., another fully owned subsidiary, has been operational since January 2006.
The Government of Bangladesh has privileged to increase remittance inflows and is committed to curbing money transfers through non-banking channels. Anyone involved in money laundering activities, such as "Hundi" operations, will face strict legal consequences. We urge all concerned, especially our Bangladeshi brothers and sisters, to remit their hard-earned money through authorized banking channels and contribute to Bangladesh's growth and prosperity.