Tk. 141 crore remittance achieved in two months in Chandpur

Tk. 141 crore remittance achieved in two months in Chandpur.In the two months of January and February of the current financial year, 4 state-owned banks in Chandpur received foreign remittances of Tk. 141.34 crore from 365,000 expatriates.

The information is obtained from the regional office of 4 state-owned banks in Chandpur on March 03.

According to the information received, Sonali Bank received foreign remittances of Tk. 62.17 crore in January and February 2021, Janata Bank received foreign remittances of Tk. 45.94 crore, Agrani Bank received Tk. 113 crore and Bangladesh Krishi Bank received foreign remittances of Tk. 20.22 crore.

Incidentally, remittances sent by Chandpur expatriates in return for their labor are creating liquidity in more than 200 bank branches and a few hundred shopping malls in the district. The foreign remittances of the expatriates in the district have changed the picture in terms of their own houses or buildings, business, education, agriculture, development of infrastructure in their respective areas, infrastructural development of mosques, madrasas and orphanages.

According to the Chandpur Manpower and Employment Bureau, there are 1 crore 14 lakh 61 thousand Bangladeshi expatriates in 162 countries of the world. Chandpur ranks 6th among other districts of the country in terms of expatriates.

According to sources in the Chandpur Manpower and Employment Office, 3 lakh 65 thousand legitimate Chandpur workers in different countries of the world, including the Middle East, send remittances from their workplaces to their nearest relatives through banks and other agencies. Illegal or development or otherwise there are numerous more remittances acquired for which no statistics could be known.

The largest labor market in Bangladesh is Saudi Arabia, followed by Kuwait, Qatar, Bahrain, Lebanon, Jordan and Libya. The people concerned think that this is a huge achievement for the riverine Chandpur. However, most of the expatriates in Chandpur are spending their labor in the Middle East and Arab countries. Chandpur has expatriate workers in many countries of the world including Malaysia, Italy, France, Singapore, Japan, South Korea. They are sending these remittances.

The expatriates of Chandpur send these remittances every month through various international and authorized agencies of Bangladesh Bank. Some banks are only transacting money with a secret PIN number. Many expatriate customers also send money in person.

Meanwhile, banks like Uttara, Rupali, Pharma, Mercantile, Prime, Dutch-Bangla, City, National, United Commercial, Trust, etc. in Chandpur deal with remittances, but they are unable to provide information on development transactions as they have regulatory offices in Comilla. As it was not possible to mention it in the report, it was not included in the report of Chandpur Times.

The country’s reserves are increasing due to foreign remittances sent by expatriates. Employment creation and socio-economic conditions are improving. Each foreign remittance desk and help desk of some banks have been opened to provide services separately. The bank branch is committed to provide the highest level of service in this regard.

Within minutes of remittances to expatriates, the bank is able to disburse the desired amount to its customers. Bangladeshi expatriates send the money from their respective workplaces through various finance agencies approved by Bangladesh Bank. So it can be said that the expatriates are the golden son of this country. The remittances sent by them are bringing economic prosperity to the country.

Correspondent: Abdul Ghoni, March 03,2021