Hundi

November 17, 2022
November 17, 2022

230 accounts of MFS providers frozen for hundi

The Bangladesh Financial Intelligence Unit (BFIU) yesterday froze 230 accounts of several mobile financial service providers as the accountholders were allegedly involved in hundi.

October 10, 2022
October 10, 2022

Two major economic woes Bangladesh needs to address right now

High inflation and low export and remittance earnings are a major cause for concern at the moment.

September 26, 2022
September 26, 2022

How can we increase our remittance?

Remittances sent by expatriate Bangladeshis are one of the vital sources of foreign currencies for the country’s economy.

September 20, 2022
September 20, 2022

What's so wrong with hundi?

The central bank’s deviation from the policy commitment is the main reason why hundi-makers mushroomed at home and abroad.

September 11, 2022
September 11, 2022

The unjust and discriminatory face of corruption

The cost of grand corruption in Bangladesh is only continuing to go up.

May 12, 2022
May 12, 2022

Use legal channel instead of hundi to send remittance: experts

The government high-ups and the top commercial bankers today urged expatriate Bangladeshis to send their money through the legal channel instead of using hundi – an illegal cross-border money transfer network.

January 4, 2018
January 4, 2018

7 hundi agents held for money laundering

Law enforcers have claimed arrest of eight people for allegedly laundering in remittance from abroad via hundi – an under the radar money transferring system.

October 20, 2017
October 20, 2017

PayPal Xoom launched in Bangladesh

Prime Minister's ICT Adviser Sajeeb Wazed Joy yesterday said time to bring money from abroad through hundi and corruption was

August 23, 2016
August 23, 2016

Government walking a tightrope

The information being gleaned from suspects and their laptops is that there is external finance being funnelled in through informal channels such as hundi. But the most worrying development is the discovery of bomb making material and knowhow amongst some of those arrested.