How the 2.5% incentive works
The government adds 2.5% on top of money sent home through legal channels — banks, mobile wallets and licensed exchange houses. On ৳100,000 sent, the receiver gets ৳2,500 extra.
- Only legal channels count. Money sent through hundi gets no incentive.
- The incentive goes to the receiver, on top of the amount sent.
- No incentive on Payoneer money sent to bKash.
- bKash notes an extra 2.5% bank incentive in some cases — ask your bank whether it applies to you.
- Usually no documents are needed up to ৳5 lakh — check with your bank for larger amounts.
Cash-out charges on remittance money
The charge is taken from the money in your wallet, including the incentive. This table shows what each channel costs on ৳102,500 — that is ৳100,000 sent plus the ৳2,500 incentive.
| Wallet | Channel | Per 1,000 | Charge on ৳102,500 |
|---|---|---|---|
| Upay | UCB ATM | Free | ৳0.00 |
| bKash | ATM | ৳7.00 | ৳717.50 |
| Upay | Agent | ৳7.00* | ৳717.50 |
| Rocket | DBBL ATM | ৳9.00 | ৳922.50 |
| Nagad | App | ৳12.99 | ৳1,331.48 |
| bKash | Priyo Agent | ৳13.95 | ৳1,429.88 |
| Nagad | *167# | ৳15.00 | ৳1,537.50 |
| Nagad | Islamic | ৳15.00 | ৳1,537.50 |
| Rocket | Agent | ৳16.70 | ৳1,711.75 |
| bKash | Any agent | ৳18.50 | ৳1,896.25 |
* Upay agent rate for remittance money: check the Upay app — some older lists show ৳10.
Worked example: ৳100,000 to bKash
Your brother sends ৳100,000 to your bKash. The 2.5% incentive adds ৳2,500, so ৳102,500 lands in your wallet. Cash out at an ATM at ৳7.00 per ৳1,000 and the charge is ৳717.50 — you keep ৳101,782.50 in hand. At any agent instead, the charge would be ৳1,896.25 and you would keep ৳100,603.75.
Common questions
Who gets the 2.5% incentive?
The receiver in Bangladesh, on top of the money sent — as long as it came through a legal channel.
Is there an incentive on Payoneer money?
No. Money brought in from Payoneer to bKash gets no government incentive.
Do I need documents to receive remittance?
Usually no documents are needed up to ৳5 lakh. For larger amounts, check with your bank.
Which wallet keeps the most in hand?
Upay UCB ATM cash-out is free for remittance money, and bKash ATM is next at ৳7.00 per ৳1,000. Compare all channels in the table above.
Can these rates change?
Yes. Check the rate in your wallet app before you cash out.