This special incentive is launched by the Central Bank of Bangladesh to incentivise the Bangladeshi wage earners when they send money to any formal receiving channel in Bangladesh.
The beneficiary will get an additional 2 % cash back with each transaction.
Terms and conditions apply. Offer is valid until further notice.
Terms and Conditions
- Customers will enjoy 2 % cash incentives for all Bangladesh transactions including Cash Pick Up, Account Deposit & Mobile Wallet.
- The 2 % Cash Incentive will not applicable against the mentioned purpose of sending remittance – Foreign Direct Investment, Donation, Trade and Freelancing/IT export and other product or service export.
- The 2% Cash Incentive will also be applicable if the beneficiary is other than Individual.
- The 2% Cash Incentive is applicable to a Bangladesh national gainfully employed abroad but not paid by Government or a Statutory, autonomous or semi-autonomous body, and also includes a Bangladesh national who has his origin in Bangladesh but, for any reason, has assumed foreign nationality.
- For amount that is up to BDT 150,000 , NO documents would be required to be entitled for the 2 % cash incentives.
- For amount that is above BDT 150,000 , Following documents verification required in system as per central bank guideline:
- Sender Passport number
- Appointment Letter Copy/No. provided by Foreign Employer/ BMET (Bureau of Manpower, Employment and Training) Approval Copy/No.
- Residence Permit Copy/No.
- BMET approval number / license number for businessman/Copy of Trade license in case of remittance generated from business proceeds
- The sender need to submit the above mentioned documents to their bank branches within five (5) working days for claiming the 2 % Cash Incentive.
- This promotion applicable to international remittance service to all Bangladesh transactions via Valyou branches, International Remittance Agents and the Valyou mobile wallet app.
- Valyou reserve the right, at any time, to verify the validity of transactions, and to disqualify any transaction that does not meet its terms, policies, and guidelines. Any incomplete, indecipherable, illegible, incorrect or fraudulent transaction may be disqualified by Valyou at any time. Valyou may change, suspend or terminate this promotion and these terms and conditions at any time without prior notice.