page top
Taka Rate Line
||   Today's GBP - TAKA Rate 125.50 & EUR - TAKA Rate 97.60 [updated on 21/10//2014] 
left top

Accounts

Notice Page

For the latest news ,Click here

Trade Finance

For More information on the full range of Trade Finance services that we can provide,Click here

Remittance Services

Remit money to your loved ones or friends in Bangladesh. For more information,Click here

FSCS

 

Remittance Services

Sonali Bank (UK) Ltd is the leading provider of remittance services to the Bangladeshi community in the UK.

Sending money back home to family and loved ones is an important service provided by Sonali Bank (UK) Limited. Remittance is affected through Electronic Transfer or Drafts.

The Bangladesh Taka, UK pound Sterling and US Dollar can be remitted from the UK. The remittance system of Sonali Bank (UK) Ltd and its offices has been computerised in order to speed up the safe transfer of money in a fast and secure manner to your friends and family anywhere in Bangladesh. The remitted money is sent via one of 16 destinations in Bangladesh: Dhaka, Chittagong, Sylhet, Moulvi Bazar, Beani Bazar, Balagonj, Biswannath, Jagannathpur, Sunamgonj, Golapgonj, Nobigonj, Hobigonj, Chhatak, Derai, Kulaura or Tajpur, which makes the process of remittance fast and convenient.

Sonali Bank Ltd Bangladesh has over a thousand branches countrywide but we can arrange for funds to be paid to beneficiaries in any part of Bangladesh through the bank of your choice.

Different ways to remit money

Personal callers:

You can remit money from any of our six branches either by cash or with your Debit/Credit* Card Click to find your nearest branch and details of opening times.

We have introduced a Remittance 'swipe' card system. The card makes processing your remittance much quicker and faster. Once you have registered with us a Customer Remittance Card is provided with your unique number. If you are sending a remittance to one of your previous beneficiaries there is no longer any need to fill in further forms.

Click here for our remittance calculator or to download a remittance request form.

Remittance by Telephone:

You can send your remittance by telephone using your debit or credit card* (or by debiting your account with us). Just call 020 7877 8200 and follow the instruction for making a remittance by telephone. If you are already registered with us you will need to have your Remitter Number handy together with details of the beneficiary to whom you want the money sent. You will be required to provide your own credit or debit card details. Once your payment has been accepted, you will be given a remittance reference number as confirmation and your remittance receipt will be posted to your home address.

You can send up to £4,000 using your debit or credit card in a day provided you have already given us the required identification.  If you have moved address and have not provided us proof of address confirmation, your remittances will be limited to £200 until the required identification is provided. If you are not yet registered with us and are sending money for the first time, you can send up to £200. You can be registered over the telephone but your remittances will be limited to £200 until the required identification documents are provided.

*A small charge applies to credit cards on the remitted amount (UK Cardholders)

ReadyCash:

ReadyCash enables the beneficiary to collect money from the cash counter of any branch of Sonali Bank Ltd in Bangladesh instantly if the branch is open or on the next working day, (Sunday to Thursday). The service is available through all of our UK Branches.

When a ReadyCash transaction is completed a SMS text is sent to both Remitter's and Beneficiary's mobile (if mobile numbers are provided) with ReadyCash Remittance information.  A second SMS text is sent to Remitter when Beneficiary collects the money from the branch.

It is just like a normal remittance, except that the Remitter must be able to provide some information which relates to the beneficiary.

The beneficiary does not need a bank account; they will be able to draw funds from the counter if they can provide identification & the PIN number which is provided to the remitter by Sonali Bank (UK) Ltd.

An extra charge of £3.00 will be added to the normal remittance charges. The maximum remittable amount is TK200,000.00. At the time of transaction the remitter must provide the following information so that the cashier can advise the concerned branch in Bangladesh that the beneficiary will present one of the following documents:

  1. Valid Passport
  2. Valid photo card Driving Licence
  3. Photo Voter/National ID Card (which is going to be introduced in Bangladesh in near future)
  4. Certificate including photograph issued by any local Gazetted Officer/UP Chairman/Ward Commissioner of Municipal or City Corporation regarding the correctness of address
  5. Certificate signed by a bank official that includes a photograph and which declares that you hold a bank account at the bank in question

For further security to protect the beneficiary’s fund we may ask the remitter for additional information such as:

  1. Beneficiary's father's name
  2. Name of spouse of the beneficiary (if any)
  3. Occupation
  4. Present address
  5. Telephone number (if any)
  6. Relationship to the remitter

ReadyCash is accepted only via the counter and is not available using our Telephone Remittance Service or by post.

Remittance by Post:

You can send remittance with a personal cheque, banker's draft or building society cheque made payable to "Sonali Bank (UK) Ltd". Please see table below for the number of clearance days before we send the remittance.

All remitters are required to register and are required to provide two forms of ID for verifying correct details e.g. Passport or current UK Photo-card driving licence - for full details of supporting documents click here.

.

Please do not send your passport or driving licence by post, send photocopies of them certified by professional persons e.g. doctor, solicitor or public notary, as per our approved list.

Customers who maintain an account with us can send remittance by written instruction for debiting their account at no additional charge. If you do not have an account and would like to open one please contact our account opening department.

The current tariffs for home remittances and information for cheque clearing times and charges can be found here.



Click to view Our Bangladesh Taka Remittances Customer Charter

page bottom