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Benefits of 2025 Remittance incentives for Bangladeshis

How Will Bangladeshi Expats in UK Benefit from 2025 Remittance Incentives?

23 May 2025


In 2025, new remittance incentives from the UK and Bangladesh governments are set to make this easier and more rewarding. These initiatives aim to encourage formal transfer channels, cutting costs and boosting benefits for you and your loved ones.  ACE Money Transfer is here to help you navigate this shift with secure, low-cost transfers and top-notch exchange rates. Let’s explore how these 2025 incentives will transform your remittance experience when you send money online to Bangladesh from UK.

The 2025 Remittance Incentives

The UK and Bangladesh are rolling out exciting plans in 2025 to make remittances smoother and more cost-effective for Bangladeshi expats. These incentives are designed to steer you away from informal channels like hundi, which can be risky, and toward trusted, regulated services. 

What Are the New Incentives?

The UK is exploring tax breaks for remittance providers to lower operational costs, which could mean reduced fees for you. Fintech partnerships are key—ACE collaborates with Bangladeshi banks and mobile wallets like bKash to ensure your transfers qualify for these bonuses. 

For example, sending BDT 15,000 could earn a BDT 750 bonus, credited directly to your recipient’s account. These initiatives make formal channels more attractive, ensuring your money is safe and maximizes impact.

To learn more about Bangladesh’s remittance policies and incentives, explore the Bangladesh Bank website.

Why These Incentives Matter for UK Bangladeshis

These incentives are a lifeline for UK Bangladeshis, making it easier to support families back home. With over 7.5 million Bangladeshi migrants worldwide, remittances are a cornerstone of Bangladesh’s economy, contributing to foreign exchange reserves and community development. 

The  cash bonus means more money reaches your loved ones for essentials like food, education, or healthcare. Plus, lower fees and better exchange rates stretch your pounds further. By using trusted services like ACE, you’re not just helping family—you’re boosting Bangladesh’s growth while saving money.

Financial Benefits for UK Bangladeshis

The 2025 incentives aren’t just about government bonuses—they’re about real financial gains for you. From slashing transaction fees to securing better exchange rates, these changes make every pound you send count. Here’s how you’ll benefit and how ACE Money Transfer makes it happen.

Lower Transaction Costs

High fees can eat into your online money transfer from UK to Bangladesh, leaving less for your family. In 2025, Bangladesh’s incentives and UK’s tax breaks for providers could reduce or even eliminate transfer fees on some transactions. 

With ACE Money Transfer, you already get low fees, and a first-transfer-free offer sweetens the deal. For example, if you send £200 (about BDT 30,000) to Bangladesh, ACE’s low fees mean your recipient might get nearly the full amount, plus the 5% government bonus (BDT 1,500). Compare that to informal channels, where hidden costs can cut BDT 2,000 or more. 

Better Exchange Rates

Exchange rates can make or break your remittance. In 2025, Bangladesh’s incentives aim to stabilize GBP-to-BDT rates through partnerships with fintechs like ACE, which offers competitive, near mid-market rates. 

For example, if the mid-market rate is 1 GBP = 150 BDT, ACE might offer 148 BDT, compared to banks’ 145 BDT or less. This means sending £500 could net your family an extra BDT 1,500. 

To maximize rates:

  • Compare daily: Check ACE’s live rates on their app before sending.
  • Avoid banks: Traditional banks often add 2-3% rate markups.
  • Time transfers: Send when GBP is strong for more taka.

Reward Programs and Bonuses

ACE Money Transfer goes beyond government incentives with its own reward programs. In 2025, you can earn cash bonuses, like BDT 1,000 for sending BDT 15,000 to a bKash wallet, plus the government’s 5% bonus when you send money to Bangladesh from UK.

Here’s how to make the most of them:

  • Join ACE’s loyalty program: Earn points on every transfer for future discounts.
  • Stay updated: Follow ACE’s promotions for seasonal bonuses or fee-free transfers.

Curious why ACE is the best choice? Discover five reasons to choose ACE for your Bangladesh remittances.

Your 2025 Remittance Advantage

The 2025 remittance incentives are a win-win for UK Bangladeshis, offering lower fees, better exchange rates, and exciting rewards. With Bangladesh’s 5% cash bonus and UK’s support for fintechs, your money transfer from UK to Bangladesh will go further, supporting loved ones and boosting Bangladesh’s economy. ACE Money Transfer, rated 4.7 out of 5 on Trustpilot with over 135,000 reviews, makes it easy with secure, fast transfers and competitive rates. Start using ACE today, claim your bonuses, and make every pound count for your family in Bangladesh!

FAQs

How does Bangladesh benefit from increased remittances in 2025?

Higher remittances boost Bangladesh’s economy by funding essentials like healthcare, education, and small businesses, stabilizing foreign exchange reserves.

Are there risks to using informal remittance channels in 2025?

Yes, informal channels like hawala lack security and regulation, risking loss of funds or fraud, unlike ACE’s secure, compliant platform.

Can UK Bangladeshis use ACE Money Transfer for non-Bangladesh remittances?

Absolutely, ACE supports transfers to over 100 countries, making it versatile for UK Bangladeshis with family elsewhere.

How does ACE ensure the security of my remittance in 2025?

ACE uses AI-driven fraud detection and end-to-end encryption to protect every transaction, ensuring your money reaches its destination safely.

What makes ACE different from other remittance services in 2025?

ACE offers competitive rates, fee-free transfers, and partnerships like Mastercard Move for faster, more accessible remittances globally.


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