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Economy & Business

Remittances Top $11.46 Billion in Four Months, Saudi Arabia Leads

Staff Reporter

Bangladesh received $11.46594 billion in remittances through formal banking channels in the first four months of the 2026-27 fiscal year. The figure, covering July to October, comes from a Bangladesh Bank report.

Expatriates living in Saudi Arabia sent the most during this period. Remittances from Saudi Arabia totalled $2.19849 billion.

By month, remittances reached $2.85876 billion in July. The amount rose to $2.96753 billion in August.

Inflows eased to $2.76602 billion in September. In October they rose again to $2.87363 billion.

By country, the United Kingdom was the second-largest source after Saudi Arabia. Expatriates in the UK sent $1.6166 billion between July and October.

The United States ranked third. Remittances from the US totalled $1.05352 billion during the period.

The United Arab Emirates, fourth on the top-10 list, sent $1.02657 billion. Malaysia sent $901.95 million and Italy sent $769.54 million.

Among the remaining countries on the list, Kuwait sent $614.55 million, Oman $552 million, Singapore $550.49 million and Qatar $494.95 million.

According to the report, a large share of remittances in the first four months came from countries in the Middle East and Europe. Inflows from Saudi Arabia, the United Kingdom, the United States and the United Arab Emirates played a significant role in the country’s foreign currency flows, the report said.

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