Receive Money

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How to Receive Money

It is our aim to remit money to your beneficiaries in as little as 15 minutes, making it simple and hassle free

Your beneficiary can receive money in two ways. They are:

  • Over the bank counter and
  • Through his/her bank account.

  • Please specify to your Agent or Customer Service Advisor how you would like your beneficiary to receive the money.

    Receiving over the counter

    Your beneficiary will need to visit one of the cash out locations. The cash out locations will have their specific Remittance Form (varies from bank to bank). Your beneficiary will have to fill out the Remittance From to receive the money. Along with the Remittance Form your beneficiary will have to produce the transaction code (the transaction code can be found on your receipt) and one proof of identification. Your beneficiary will be able to know which documents are required by visiting the cash out location as these requirements may vary from country to country.

    Receiving through the bank account

    If your beneficiary wants to receive the money into his/her bank account you will have to provide the bank account details at the time of creating the transaction. If you beneficiary has a bank account with BRAC Bank Limited, and you are sending money to that account, money will be available within 10 minutes. In other banks around the world, it normally takes from 3 to 5 working days for the money to be credited in the bank account.