Among the top banks receiving remittances, Agrani Bank stood out with extraordinary growth while Islami Bank Bangladesh and Trust Bank remained key players.

Agrani Bank emerged as the star performer with a remarkable $322.12 million in September, marking a 232 percent surge from $96.89 million in August.

Islami Bank Bangladesh maintained its leading position, recording $402.78 million in remittance inflows for September. However, this figure marked a slight decline from $405.23 million in August.

Trust Bank, ranked third, reported $245.54 million in remittances for September, down from $290.31 million in August.

Bangladesh's inward remittance inflows hit $2.4 billion in September 2024, reflecting an 8.09 percent month-on-month rise and an impressive 50.31 percent increase compared to September 2023, according to Bangladesh Bank data.

Workers' remittances are a critical pillar of Bangladesh's economy, contributing substantially to foreign exchange reserves and poverty alleviation, the Bangladesh Bank said.

With manpower exports playing a vital role in reducing unemployment, the latest surge in remittance inflows underscores their importance in supporting the nation's economic resilience, it added in a report.