Remittance Calculator

Enter the amount and rate. For example, 1,000 dollars at 120 gives 120,000 principal, 3,000 incentive — 123,000 taka total.

Amount sent (foreign currency)

Just the number, e.g. dollars, riyals, ringgit

Rate (taka per unit)

৳

Enter today's bank/exchange rate

Family receives (with incentive)

৳1,23,000

Principal in taka: ৳1,20,000
Incentive (2.5%): ৳3,000

The family gets ৳1,23,000 in total, including ৳3,000 incentive.

The incentive applies to legal channels (banks, mobile banking, licensed exchanges). Bank rates and fees may shift it by a few taka.

How this was calculated

Principal = 1,000 × ৳120 = ৳1,20,000; incentive = ৳1,20,000 × 2.5% = ৳3,000; total = ৳1,20,000 + ৳3,000 = ৳1,23,000

4 October 2026

Calculated at: https://xn--d6bxcvd.xn--54b7fta0cc/en/remittance-calculator/

How to use

Enter the amount in foreign currency (just the number).
Enter today's bank rate (taka per unit).
See the total with incentive.

Remittance formulas

What	Formula	Example
Principal	Amount × rate	1,000 × 120 = 120,000
Incentive	Principal × 2.5%	120,000 × 2.5% = 3,000
Total	Principal + incentive	120,000 + 3,000 = 123,000

Examples

1,000 dollars: at rate 120 — 120,000 + 3,000 = 123,000 taka.

500 riyals: at rate 32 — 16,000 + 400 = 16,400 taka.

More: use legal channels

Bank accounts, mobile banking remittance and licensed exchanges are all legal. Hundi is illegal — no incentive and a real risk of losing the money. Banks’ instant services deliver within minutes when it is urgent.

Frequently asked questions

How much is the remittance incentive?

2.5% on money sent legally. On 120,000 taka the incentive is 3,000, totalling 123,000 taka.

Is the incentive added automatically?

Yes — banks and mobile banking credit principal plus incentive together. No separate application.

Does hundi get the incentive?

No. Only legal channels (banks, mobile banking, licensed exchanges) earn it.

Why does the rate change daily?

Foreign-exchange market rates move every day. The sending day's bank rate applies.

Any extra benefit on big amounts?

Some banks offer slightly better rates on large sums. Compare 2–3 banks before sending.

Also searched as

money sent from abroad · remittance incentive 2.5%