29 Feb 2024
Being an expat, what better motivation is there than securing your family's future back home? For millions of Bangladeshis living abroad, the process to send money to Bangladesh is more than just a transaction—it’s a lifeline. As financial support and sustainability become essential for families in Bangladesh, the need for reliable, secure, and government-backed money transfer services has never been more critical.
To support this, the Government of Bangladesh continues to offer the Remittance Incentive Programme in 2025, a smart initiative that rewards you every time you send money through legal channels like ACE Money Transfer.
Launched in July 2019, this initiative by the Bangladeshi government was designed to shift expatriates away from informal systems like Hawala/Hundi by offering a 2.5% cash incentive on remittances sent via formal channels. In 2023, the incentive temporarily rose to 5%, but as of 2025, it is maintained at 2.5%—still a valuable bonus that directly adds to your family's income.
This programme not only encourages transparency and security but also helps strengthen the national economy by routing remittances through official banking and financial systems.
Between 2012 and 2017, Bangladesh’s remittance-to-GDP ratio fell from 10.5% to 5.4%, largely due to the popularity of informal networks. Workers turned to these options for their better exchange rates, lower fees, and faster delivery. The government responded with this incentive programme to regain trust in formal channels—and it's working.
It helps as:
Every time you send money online to Bangladesh through legitimate channels, your family receives an extra 2.5%, directly credited by the government. That’s more money for essentials, education, and savings.
Services like ACE Money Transfer offer highly competitive exchange rates and minimal fees, ensuring that more of your earnings reach your loved ones.
Modern remittance platforms guarantee speed, security, and convenience. No more waiting days—most transfers are completed within minutes using ACE’s app.
Especially in countries like Singapore, where migrant workers often live far from downtown areas, mobile-friendly services make it easier to send money to Bangladesh on days off—without the hassle of long travel.
Families no longer need to travel long distances to collect funds. With bank transfers and mobile wallet options, money reaches recipients safely, and sometimes directly to their doorstep.
Many Bangladeshi workers—especially in places like Singapore—turn to unlicensed agents or "dalals" for job placement and money transfer. These brokers charge high commissions and often use informal channels. By choosing licensed services like ACE, you avoid these risks and support government transparency efforts.
The step-by-step increase from 2% to 2.5%, and previously even 5%, reflects how seriously the government takes this. By consistently choosing legal remittance services, expats can expect ongoing rewards and enhanced benefits.
Sending money to Bangladesh is more than a duty—it’s a choice that defines your support. By using official remittance services, you contribute to your family’s financial independence and to the country’s economic development.
In 2025, your money transfer to Bangladesh can go further—for your family and for your country. Choose ACE Money Transfer. Join the government-backed incentive programme. With ACE, your online money transfer to Bangladesh is secure, fast, and fully compliant with government incentives.
No. The programme is available through various licensed remittance providers. ACE Money Transfer is one of the trusted platforms fully supporting the government-backed incentive.
Ensure your remittance follows all government and ACE guidelines to qualify. Ineligibility usually stems from transaction types or improper documentation.
Absolutely. Many expats are discovering the benefits. Help your friends and family abroad make better choices for their loved ones at home.
ACE typically supports remittances of all sizes. However, some banks may have minimum thresholds. Always check the latest eligibility criteria when sending money to Bangladesh.
ACE uses bank-level encryption and secure channels, ensuring your data and money remain protected throughout the transaction.
