STAR BUSINESS DESK

BRAC Bank PLC has surpassed $2 billion in remittance inflow in 2025, climbing from the 17th to the 4th position in the past five years.

The bank’s steady growth from $427 million in 2020 to $1,605 million in 2024 reflects rising customer confidence, according to a press release.

To support this momentum, BRAC Bank has invested in a modern remittance ecosystem focused on speed, transparency and accessibility for Non-Resident Bangladeshis (NRBs).

Instant eKYC-enabled onboarding now allows NRBs to open accounts remotely within minutes, encouraging a shift from informal networks to formal banking channels.

The bank has also strengthened its digital capabilities through the Probashi Virtual Savings Account, offering NRBs and their families seamless access to Astha, BRAC Bank’s digital banking platform. Users can manage deposits, transfers, bill payments, mobile recharges, fixed deposits, DPS and secured loans from a single interface.

To further support remittance-dependent households, the bank introduced two savings products -- the Probashi Poribar Savings Account and the TARA Probashi Poribar Savings Account.