Foreign Remitence

 


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April 20, 2024 03:12:19 am

USD
TT-Clean 109.5000
TT-Selling 109.5000
OD-Sight: 109.5000
BC-Selling 110.0000
EURO
OD-Sight: 119.4545
BC-Selling 128.5540
TT-Clean 119.4545
POUND
OD-Sight: 138.9103
BC-Selling 144.6560
TT-Clean 138.9103
JPY
BC-Selling 0.8038
TT-Clean 0.7603

As Bangladesh Bank set emphasized priority on foreign remittance mobilization our bank has taken number of initiative to provide better service to our foreign remitter. Beneficiaries can receive instant cash remittance from the branches of BCB throughout the country. Our bank has arrangement with following widely used organization for instant cash remittance:

 

         

   

 

Procedures to Send & Receive Money  

 

Remitter/Sender Side:

  1. Sender goes to a Western Union/Xpress Money/MoneyGram location at the sending country.
  2. Sender fill up the TSM (To Send Money) form with valid photo ID* and information (provides information: sender's name and address, receiver's name and address destination country name, and amount sent).
  3. Transaction is processed by the sent side (send country) FLA-Front Line Associates are the nominated officers at the agent locations who process the Western Union transactions.
  4. Transaction details are sent to Western Union/Xpress Money/MoneyGram system and MTCN number (10 digits for Western Union, 8 digits for MoneyGram, 16 digits for Xpress Money,13 digits for Transfast,11 digits for IME, 12 digits for Placid and 11 digits for RIA) is generated. FLA shares the MTCN with the sender

Sender Communicates the MTCN number, amount sent, sender's name and address, receiver's name, country name (where the money is sent from) to the Receiver.

 

Beneficiary/Receiver Side:

  1. Receiver goes to a Western Union agent office to receive the money.
  2. Receiver fill up the TRM (To Receive Money) form with valid photo ID* and copy of the same. Also provide the mandatory/Key information: receiver's name and address, sender's name and expected amount, where the money is sent from and the MTCN.
  3. FLA checks the information in the Western Union/Xpress Money/MoneyGram system and verifies the details with the TRM form and the valid photo ID (National ID/Voter ID, Passport, Driving Licences, Govt. Organization Employee ID, Armed Forces ID)

FLA finally hands over the payment in cash along with copy of TRM form and money receipt.  

 

SWIFT Transfer:

If Remitter / beneficiary have account with BCB they can transfer money through SWIFT.  

Sl Branch Name SWIFT/BIC Code
1 Head Office BCBLBDDH
2 Principal Branch BCBLBDDH013
3 Agrabad Branch BCBLBDDH014
4 Bangshal Branch BCBLBDDH015
5 Tanbazar Branch BCBLBDDH016
6 Moulvibazar Branch BCBLBDDH017
7 Gulshan Branch BCBLBDH018
8 Dilkusha Branch BCBLBDDH019
9 Jubilee Road Branch BCBLBDDH20

 

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