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Some banks get more remittance. Is it for extra efforts, or higher dollar rates? - Vimarsana News

Some banks get more remittance. Is it for extra efforts, or higher dollar rates?

Highlights:  The banks that follow verbal rules of BB are losing but those offering higher rates winning  Banks are supposed to pay up to Tk110 per dollar for remittances  According to bankers, some banks pay max Tk116 to collect remittances Exchange houses also compete among themselves to collect remittance  They collect remittances at higher rates, sell

Remittances from Malaysia halved in July-March - Vimarsana News

Remittances from Malaysia halved in July-March

However, money transfers by Bangladeshi migrants living in Western countries had uptick during the period