How Do You Receive Money from Bangladesh to India in 2026?

Author:: Manoj Sharma
Verified by:: Editorial team
Published:: 8 Oct 2026
Last modified:: 3 Nov 2026

Short answer

You can receive money from Bangladesh through local BDT account details, a SWIFT wire to your Indian bank, a card or online checkout, or a remittance app. Trade payments from Bangladesh usually settle through the Asian Clearing Union. On BDT 620,000, Stripe pays the most of the platforms with full published pricing for BDT: about ₹4,37,988 on 3 Nov 2026.

Top picks
Method	Cost	Speed	FIRA
Local BDT account details	Usually a percentage fee or a markup on the BDT to INR rate, sometimes both. The client normally pays only its own bank's domestic transfer charge, if any.	Depends on the provider's processing and cut-off times. Ask how many business days pass between the client's transfer and the rupee credit in India.	The provider or its partner AD bank usually issues an inward remittance advice per payout. Confirm it shows the purpose code and foreign currency amount.
SWIFT wire to an Indian bank	A sending fee charged to the client, possible correspondent charges, an inward remittance charge at your bank and the bank's exchange margin.	Timing depends on the client's bank and its correspondents once the payment is released. From 9 October 2026, an RBI circular dated 9 April 2026 says banks shall endeavour to credit payments received during forex market hours the same business day.	Your AD bank issues an inward remittance advice or certificate on request, often through net banking.
Card or online checkout	A percentage processing fee per transaction, often with a currency conversion margin and possible international card surcharges.	Usually a few business days after the card payment, depending on the gateway's settlement cycle and risk review.	Gateways regulated as PA-CB usually provide an inward remittance advice or settlement statement. Confirm before you start using one.
Remittance app	A transfer fee and an exchange margin, usually paid by the sender and shown on their side.	Varies by service and by the checks done in Bangladesh.	Not always available in a form your AD bank will accept as evidence of an export receipt.

Who this is for: This page is for Indian freelancers, agencies and registered exporters of services or goods who invoice clients in Bangladesh and want the payment credited in rupees to an Indian bank account.

CurrencyBDT

Invoice amount

At the mid-market rate

₹4,73,162

Highest payout: Stripe

₹4,37,988

1.Stripe₹4,37,988cost 7.43%

1 BDT = 0.7632 INR, ExchangeRate-API open access feed rate for 3 Nov 2026. Payout = amount minus fees, converted at the reference rate minus each platform's markup, minus 18% GST on fees where charged. Platforms without published pricing are left out.

What are the ways to receive money from Bangladesh to India?

Methods compared
Method	Fees	Markup	Settlement	FIRA	Regulatory status	Best for
Local BDT account details	Usually a percentage fee or a markup on the BDT to INR rate, sometimes both. The client normally pays only its own bank's domestic transfer charge, if any.	Set by the provider. Compare the rupee amount credited with the mid-market BDT to INR rate on the day of conversion.	Depends on the provider's processing and cut-off times. Ask how many business days pass between the client's transfer and the rupee credit in India.	The provider or its partner AD bank usually issues an inward remittance advice per payout. Confirm it shows the purpose code and foreign currency amount.	Indian entities offering this service fall under the RBI Payment Aggregator Master Direction, which caps each cross-border transaction at ₹25 lakh and requires a PA-CB to give your AD bank the documents to close EDPMS entries.	Freelancers with regular Bangladeshi clients, where a provider actually offers a taka collection account.
SWIFT wire to an Indian bank	A sending fee charged to the client, possible correspondent charges, an inward remittance charge at your bank and the bank's exchange margin.	Your AD bank's TT buying rate for US dollars on the day of credit. Ask how it treats ACU Dollar receipts.	Timing depends on the client's bank and its correspondents once the payment is released. From 9 October 2026, an RBI circular dated 9 April 2026 says banks shall endeavour to credit payments received during forex market hours the same business day.	Your AD bank issues an inward remittance advice or certificate on request, often through net banking.	Under Regulation 3(2)(I)(a)(ii) of the FEMA (Manner of Receipt and Payment) Regulations, 2023, trade payments with ACU members other than Nepal and Bhutan go through the ACU mechanism or as RBI directs.	Registered exporters and agencies with larger invoices from Bangladeshi companies.
Card or online checkout	A percentage processing fee per transaction, often with a currency conversion margin and possible international card surcharges.	Set by the gateway. Check the rate used on the settlement report against the mid-market rate.	Usually a few business days after the card payment, depending on the gateway's settlement cycle and risk review.	Gateways regulated as PA-CB usually provide an inward remittance advice or settlement statement. Confirm before you start using one.	Cross-border gateways in India are regulated as PA-CB under the RBI Payment Aggregator Master Direction, with the same ₹25 lakh per-transaction cap.	Small payments from individual clients in Bangladesh whose cards work for overseas purchases.
Remittance app	A transfer fee and an exchange margin, usually paid by the sender and shown on their side.	Built into the rate the sender sees. You receive whatever rupee amount the service quotes to the sender.	Varies by service and by the checks done in Bangladesh.	Not always available in a form your AD bank will accept as evidence of an export receipt.	Export earnings must be reported with a services purpose code from the RBI purpose code list. A payment tagged as a family remittance can create EDPMS, GST and income tax mismatches.	Not suited to invoiced export income from Bangladesh.

How does each method of receiving money from Bangladesh work?

How does Local BDT account details work for payments from Bangladesh?

A cross-border payment service gives you Bangladeshi bank account details. Your client in Bangladesh pays them by a domestic taka transfer. The service then sends the money to India and pays rupees into your Indian bank account.

Pros: The client makes a domestic BDT transfer through a familiar local system; No intermediary bank deductions on the client's side, because the payment stays inside Bangladesh; Services regulated in India as a Payment Aggregator - Cross Border (PA-CB) must help close your EDPMS entries
Cons: Taka collection accounts for Indian businesses may not be available, so check availability first; The money still has to leave Bangladesh under Bangladesh Bank rules, which can add steps and time; Each PA-CB transaction is capped at ₹25 lakh
Cost: Usually a percentage fee or a markup on the BDT to INR rate, sometimes both. The client normally pays only its own bank's domestic transfer charge, if any.
Settlement: Depends on the provider's processing and cut-off times. Ask how many business days pass between the client's transfer and the rupee credit in India.
FIRA: The provider or its partner AD bank usually issues an inward remittance advice per payout. Confirm it shows the purpose code and foreign currency amount.
Ideal for: Freelancers with regular Bangladeshi clients, where a provider actually offers a taka collection account.

How does SWIFT wire to an Indian bank work for payments from Bangladesh?

Your client's bank in Bangladesh sends the payment to your Indian AD bank. Because India and Bangladesh are both in the Asian Clearing Union, eligible trade payments are usually routed through ACU Dollar accounts that banks hold with each other, using SWIFT messages.

Pros: Works with any authorised dealer bank in Bangladesh and any Indian AD bank; Large invoices are possible without a PA-CB cap; Your AD bank reports the receipt directly against your EDPMS or EDF records
Cons: The client applies to its bank on a Bangladesh Bank form before foreign exchange is released, which can take time; Bank charges on both sides and your AD bank's exchange margin reduce the amount; Payments usually arrive in ACU Dollars, so there is a USD to INR conversion
Cost: A sending fee charged to the client, possible correspondent charges, an inward remittance charge at your bank and the bank's exchange margin.
Settlement: Timing depends on the client's bank and its correspondents once the payment is released. From 9 October 2026, an RBI circular dated 9 April 2026 says banks shall endeavour to credit payments received during forex market hours the same business day.
FIRA: Your AD bank issues an inward remittance advice or certificate on request, often through net banking.
Ideal for: Registered exporters and agencies with larger invoices from Bangladeshi companies.

How does Card or online checkout work for payments from Bangladesh?

You send the client an invoice link or checkout page. The client pays by an internationally enabled card or another online method. A cross-border payment gateway collects the money, converts it and settles rupees to your Indian account.

Pros: Fast for the client, with no bank details to enter; Suits small, one-off or subscription payments; Works for individuals as well as companies, where their card allows overseas payments
Cons: Card processing fees are usually higher than bank transfer costs; Some Bangladeshi cards may not be enabled for overseas payments, so check with the client first; Chargebacks can reverse a payment after you have delivered
Cost: A percentage processing fee per transaction, often with a currency conversion margin and possible international card surcharges.
Settlement: Usually a few business days after the card payment, depending on the gateway's settlement cycle and risk review.
FIRA: Gateways regulated as PA-CB usually provide an inward remittance advice or settlement statement. Confirm before you start using one.
Ideal for: Small payments from individual clients in Bangladesh whose cards work for overseas purchases.

How does Remittance app work for payments from Bangladesh?

A consumer remittance app moves money between individuals for personal use. Under Bangladesh Bank foreign exchange guidelines, money sent out of Bangladesh goes through an authorised dealer bank, which checks the purpose of each remittance.

Pros: Simple for an individual sender where a service is available; Can be quick once a transfer is accepted; No invoice link or card needed
Cons: Remittances out of Bangladesh go through authorised dealer banks, so apps may not offer this route; Built for personal remittances, so the purpose code may not match an export of services; You may not get the inward remittance advice your bank and GST refund need
Cost: A transfer fee and an exchange margin, usually paid by the sender and shown on their side.
Settlement: Varies by service and by the checks done in Bangladesh.
FIRA: Not always available in a form your AD bank will accept as evidence of an export receipt.
Ideal for: Not suited to invoiced export income from Bangladesh.

How do Bangladesh clients usually pay Indian vendors?

Inside Bangladesh, clients pay through systems run by Bangladesh Bank: BEFTN for electronic transfers, BD-RTGS for large real-time payments, and NPSB for internet banking transfers. These are domestic systems. To pay an Indian bank, a Bangladeshi client's bank sends the money abroad, usually through the Asian Clearing Union.

Rails: Bangladesh Bank lists BACPS, BEFTN, NPSB and BD-RTGS among its payment systems. BD-RTGS settles large interbank transfers in taka in real time, with a customer-to-customer minimum of Tk 1,00,000.
Client enters: For a local BDT transfer, the client enters the beneficiary name, account number and bank routing details. For a payment to India, the client gives its bank your name, Indian account number, your bank's SWIFT code and the invoice, contract and purpose.
Client cost: Bangladesh Bank says customers pay at most Tk 100 per BD-RTGS transaction. Charges for sending money abroad are set by the client's bank. Agree in the contract who bears the bank charges on each side.
Speed: A domestic BD-RTGS payment settles in real time. A payment to India takes longer, because the client applies to its bank on a Bangladesh Bank form and the bank then settles through the ACU or correspondent accounts.
ACU route: Bangladesh Bank describes the Asian Clearing Union as a regional arrangement, set up in 1974, that settles trade among members on a net multilateral basis in ACU Dollar, ACU Euro and ACU Yen.

Which platforms are best for receiving BDT in India?

The table ranks platforms with full published pricing for BDT by the INR received on BDT 620,000, then lists other business platforms that accept BDT, unranked. Fees were checked on 30 Sept 2026 or later.

Platforms for BDT
Platform	Best for	FX markup	Fee	FIRA	Settlement	RBI status	INR on BDT 620,000
Stripe	Registered Indian businesses selling online to card-paying foreign customers	2% if converted; Stripe says rate is generally mid-market	4.3% intl cards; 3% Visa/Mastercard, 3.5% Amex; + 2% if converted	Standard Chartered payment advice; FIRC cost not confirmed	Daily INR payouts; card funds after five business days	Not confirmed	₹4,37,988
Cashfree Payments	Registered Indian businesses wanting card checkout and bank transfer collection	Collections states no forex markup; card FX charge unpublished	Collections on request (2023: 1% to 1.5%); cards 2.99% + GST	e-FIRA in 1 day free; FAQ: e-FIRS T+1 on request	Cards T+2; collections within 7 days, typical time not confirmed	RBI authorised PA and PA-CB inward and outward	Not published for BDT
Tazapay	Indian businesses collecting B2B or e-commerce payments from many countries	Not published; rate shown before you confirm	Collection fee by contract; cards 3.8% + USD 0.5; + other fees	USD 4 FIRC fee; NOC for AD1 bank FIRA	Weekly default; local same day to T+1, SWIFT to T+5	Not confirmed on RBI PA-CB list; cites Rupee Drawing Arrangement	Not published for BDT

Why do you receive less than the mid-market BDT to INR rate?

You receive less than the invoice because fees and exchange margins come off the amount, often across two conversions. Bangladesh Bank says the taka rate against the US dollar is set by interbank trading. For example, at an example rate of ₹0.72 per BDT, BDT 5,00,000 is ₹3,60,000. At ₹0.70 you receive ₹3,50,000.

How much INR do you receive on BDT 250,000, 620,000 and 1,200,000 from Bangladesh?

Each row applies the platform's published fee, FX markup and 18% GST on the fee to the mid-market rate of ₹0.7632 per BDT for 3 Nov 2026.

INR received on BDT invoices
Platform and invoice	At mid-market	INR received	Cost	Best for
Stripe, BDT 250,000	₹1,90,791	₹1,76,608	7.43%	Registered Indian businesses selling online to card-paying foreign customers
Stripe, BDT 620,000	₹4,73,162	₹4,37,988	7.43%	Registered Indian businesses selling online to card-paying foreign customers
Stripe, BDT 1,200,000	₹9,15,798	₹8,47,718	7.43%	Registered Indian businesses selling online to card-paying foreign customers

What should you consider when choosing how to get paid from Bangladesh?

Total cost: Add the percentage fee, any fixed fee and the exchange margin, then compare the rupees credited with the invoice amount at the mid-market rate.
Local rail coverage: Check whether the method lets your client pay by a domestic BDT transfer, or whether the client's bank must send the payment abroad.
Settlement speed: Ask how many business days pass between the client's payment and the rupee credit, including the document checks in Bangladesh.
FIRA: Confirm you get an inward remittance advice for every payment, showing the purpose code, foreign currency amount and rupee amount.
Client experience: Bangladeshi companies usually pay through their bank with a contract and invoice. Card checkout suits individuals whose cards allow overseas payments.
Support: Check how the provider or bank handles payments held for documents, returned payments and name mismatches.

What documents and compliance apply to payments from Bangladesh?

Receiving money from Bangladesh as export income needs the right purpose code, an EDF where required, and realisation within nine months. These rules come from the FEMA (Export and Import of Goods and Services) Regulations, 2026, in force from 1 October 2026. Trade payments with Bangladesh also follow the ACU rules.

FIRA / e-FIRA: FIRA is a common name for the bank's inward remittance advice. It is not a term defined in FEMA. GST refund rules under CGST Rule 89 refer to a foreign inward remittance certificate issued by an Authorised Dealer-I bank. See what is FIRA.
Purpose code: Use a services code from the RBI purpose code list, such as P0802 "Software consultancy/implementation (other than those covered in SOFTEX form)" or P1006 "Business and management consultancy and public relations services".
ACU settlement: RBI says eligible export and import payments with ACU members shall be settled through the ACU mechanism unless RBI has given a country exemption. Since 2013, only payments for goods and services are eligible. See Asian Clearing Union payments.
EDF (services): Under Regulation 3(2) of the 2026 Regulations, a services exporter files an EDF within 30 days from the end of the invoice month. A.P. (DIR Series) Circular No. 20 replaced SOFTEX with the EDF from 1 October 2026.
EDPMS: Export value must be realised within nine months, or 12 months if invoiced or settled in rupees. For invoices up to ₹10 lakh, your AD bank may close the EDPMS entry on your declaration.
PA-CB fund safety: A PA-CB must keep collected funds in an Inward Collection Account with a scheduled commercial bank, under paragraph 16 of the RBI Payment Aggregator Master Direction.

What tax applies to money received from Bangladesh?

Export income from Bangladesh is taxed in India, and GST is zero-rated when the export conditions are met. The India-Bangladesh DTAA, in force since 27 May 1992, generally taxes business profits only in India unless you have a permanent establishment in Bangladesh. It has no separate article for fees for technical services.

GST zero-rating: Services to a Bangladeshi client are an export when the conditions in IGST Act section 2(6) are met. Exports are zero-rated under section 16, and you can supply without IGST under a Letter of Undertaking filed under CGST Rule 96A.
GST on fees: Fees charged to you by a bank or payment service in India can carry GST, shown on its tax invoice. Under IGST section 16(2), you can claim input tax credit on them even though exports are zero-rated.
Income tax: From 1 April 2026 the Income-tax Act, 2025 applies. The presumptive schemes that were sections 44AD and 44ADA are now in section 58, per the Income Tax Department FAQ. Earlier years stay under the 1961 Act.
India-Bangladesh DTAA: Article 7 of the India-Bangladesh DTAA taxes business profits only in the country of residence unless there is a permanent establishment. Article 13 lets Bangladesh tax royalties at up to 10% of the gross amount. Article 15 lets it tax independent professional income only with a fixed base or a stay over 120 days. Article 25 gives Indian residents a credit.
Client-side tax: Ask your Bangladeshi client before invoicing whether it will deduct tax at source. If it does, get the tax deduction certificate, because Article 25 of the India-Bangladesh DTAA lets you claim a credit in India for tax paid in Bangladesh.

How did we verify this?

Rules and rails are linked to official sources below with the dates they were checked. Platform figures come from each platform's own pages, checked on 30 Sept 2026 or later, and RBI authorisation was checked against RBI's published list. Rates are ExchangeRate-API open access feed, dated 3 Nov 2026. The method is on the methodology page.

RBI: Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026 (FEMA 23(R)/2026-RB, as amended), Reg 3(2) services EDF within 30 days from end of invoice month, single EDF per month, non-software may file on or before payment; Reg 4(1) receipts and payments in the manner of the Manner of Receipt and Payment Regulations, 2023; Reg 4(2) EDPMS closure on declaration up to Rs 10 lakh; Reg 5 realisation nine months, twelve months if invoiced/settled in INR, AD may extend. (checked 8 Oct 2026)
RBI: A.P. (DIR Series) Circular No. 20 dated 16 January 2026, Supersedes Master Directions on Export/Import and SOFTEX circulars from 1 October 2026. (checked 8 Oct 2026)
RBI: Foreign Exchange Management (Manner of Receipt and Payment) Regulations, 2023 (FEMA 14(R)/2023-RB, amended up to 12 February 2025), Reg 3(2)(I)(a)(ii): member countries of ACU other than Nepal and Bhutan, payments through ACU mechanism or as per RBI directions; other transactions as in (iii). (checked 8 Oct 2026)
RBI: A.P. (DIR Series) Circular No. 21 dated 8 October 2015, Memorandum of Procedure for channeling transactions through ACU, Para 3: export payments by debit to the ACU Dollar/ACU Euro account in India of a bank of the member country or credit to the AD's ACU account with its correspondent; para 4: eligible transactions with ACU members shall invariably be settled through ACU except where RBI has given specific exemptions. (checked 8 Oct 2026)
RBI: A.P. (DIR Series) Circular No. 63 dated 18 October 2013, Para 2: ACU Board decision of 19 June 2013 to include only export/import of goods and services among ACU countries as eligible under the ACU mechanism. (checked 8 Oct 2026)
RBI Master Direction on Regulation of Payment Aggregators, Para 11(d): max value per PA-CB transaction Rs 25 lakh; para 11(h): PA-CB to provide documents for EDPMS closure; para 16(a): funds in Inward Collection Account (InCA) with a scheduled commercial bank. (checked 8 Oct 2026)
RBI circular RBI/2026-27/08 dated 9 April 2026: Guidelines to facilitate faster cross-border inward payments, Banks shall endeavour to credit inward payments received during forex market hours the same business day; effective 9 October 2026. (checked 8 Oct 2026)
RBI: A.P. (DIR Series) Circular No. 84 (29 Feb 2012), purpose codes for reporting forex transactions, P0802 Software consultancy/implementation (other than those covered in SOFTEX form); P1006 Business and management consultancy and public relations services. (checked 8 Oct 2026)
IGST Act, 2017, section 2 (definition of export of services), Section 2(6) conditions for export of services. (checked 8 Oct 2026)
IGST Act, 2017, section 16 (zero rated supply), 16(1) export of services zero rated; 16(2) ITC may be availed; 16(3) supply under bond or LUT. (checked 8 Oct 2026)
CGST Rules, 2017, Rule 96A, LUT in FORM GST RFD-11 furnished prior to export. (checked 8 Oct 2026)
CGST Rules, 2017, Rule 89, Refund application refers to BRC or foreign inward remittance certificate issued by AD Category-I bank. (checked 8 Oct 2026)
Income Tax Department: FAQs on objective and scope of the Income-tax Act, 2025, Presumptive schemes (44AD, 44ADA, 44AE) consolidated into section 58; applies from 1 April 2026. (checked 8 Oct 2026)
RBI Master Direction - Deposits and Accounts (FEMA), Para 3.1: EEFC account for 100 percent of foreign exchange earnings of a person resident in India. (checked 8 Oct 2026)
Income Tax Department: India-Bangladesh Comprehensive Agreement (DTAA), Notification GSR 758(E) dated 8-9-1992, In force 27 May 1992. Art 7(1) business profits taxable only in residence state unless PE; Art 13(2) royalties source tax capped at 10% of gross; no separate FTS article; Art 15(1) independent personal services taxable in other state only with fixed base or presence exceeding 120 days in the year; Art 25(1) credit for residents of India. (checked 8 Oct 2026)
Bangladesh Bank: Payment Systems, BACPS; BEFTN (February 2011, inter-bank electronic funds transfer); NPSB (2012, interoperability among participating banks for ATM, POS and internet banking fund transfer); BD-RTGS (October 2015, large interbank transactions in local currency; customer charge max Tk 100 per transaction; minimum customer-to-customer limit Tk 1,00,000). (checked 8 Oct 2026)
Bangladesh Bank: ACU Payment, ACU established 1974 to settle trade transactions among members on a net multilateral basis; denominated in ACU Dollar, ACU Euro and ACU Yen. Page lists Bangladesh Bank's bi-monthly ACU net settlements, including July-August 2026. (checked 8 Oct 2026)
Bangladesh Bank: Exchange Rate of Taka, Taka exchange rate against the US dollar determined by interbank transactions in the domestic market, driven by demand and supply. (checked 8 Oct 2026)
Bangladesh Bank: GFET 2018 Vol 1, Chapter 5, Section 1: Outward Remittances, Para 1: taka convertible for current account payments since March 1994; ADs approve most outward remittances and must ensure foreign exchange is used for the purposes released. Para 2: application to an AD on form TM for remittances other than imports. Para 3: Bangladesh Bank prior approval where required, applied for through ADs. (checked 8 Oct 2026)
Stripe India pricing, International cards with USD/other currency presentment 4.3% + 2% if currency conversion is required; Mastercard and Visa cards issued outside India 3% + 2%; American Express outside India 3.5% + 2%; dispute received INR 1,000.00 (checked 7 Oct 2026)
Cashfree Docs: Global Collections overview (checked 6 Oct 2026)
Tazapay Pricing, Global Collection Accounts: *Contact sales; Global Cards 3.8% + USD 0.5; APMs 0.8%-2.5%; FIRC (India) USD 4; Custom tier: Volume-Based Discounts, Payment Method-Specific Rates, Customized FX (checked 7 Oct 2026)

Frequently asked questions

Does a payment from a client in Bangladesh have to go through the Asian Clearing Union?

Usually, yes, for trade payments. Under Regulation 3(2)(I)(a)(ii) of the FEMA (Manner of Receipt and Payment) Regulations, 2023, export and import payments with ACU members other than Nepal and Bhutan go through the ACU mechanism or as RBI directs. Bangladesh Bank publishes its ACU settlements. Your AD bank confirms the routing.

In which currency is an ACU payment from Bangladesh credited to an Indian exporter?

Usually in US dollars through ACU Dollar accounts. Under A.P. (DIR Series) Circular No. 21 of 2015, export payments can be made through ACU Dollar or ACU Euro accounts that banks of member countries hold with each other. Your AD bank then converts the amount to rupees or credits your EEFC account.

Which purpose code should an Indian freelancer use for a payment from a client in Bangladesh?

Pick the services code that matches the work from the RBI purpose code list. Software work for a Bangladeshi client often fits P0802, and consulting fits P1006. Tell your AD bank the code before the money arrives, because a wrong code can cause EDPMS and GST mismatches later.

Is GST charged on an export of services invoice to a client in Bangladesh?

No IGST is charged if you export under a Letter of Undertaking. Services to a Bangladeshi client are zero-rated under IGST Act section 16 when the conditions in section 2(6) are met. File the LUT in Form GST RFD-11 before you export, as CGST Rule 96A requires.

How long does an Indian exporter have to realise payment from a client in Bangladesh?

Nine months from the invoice date for services, under Regulation 5 of the FEMA (Export and Import of Goods and Services) Regulations, 2026. If the export is invoiced or settled in rupees, the period is 12 months. Your AD bank may extend the period if you ask and it accepts your reasons.

Can a client in Bangladesh pay an Indian bank account through BEFTN or NPSB?

No. Bangladesh Bank describes BEFTN and NPSB as systems that connect participating banks in Bangladesh, so a client cannot use them to pay an Indian bank account directly. A Bangladeshi client paying an Indian bank asks its own bank to send a foreign remittance, which is normally settled through the Asian Clearing Union for trade payments.

Can Bangladesh tax fees paid to an Indian consultant under the India-Bangladesh DTAA?

Only in limited cases. Under Article 15 of the India-Bangladesh DTAA, independent professional income is taxed only in India unless you have a fixed base in Bangladesh or stay there over 120 days. A company's business profits are taxed only in India unless it has a permanent establishment in Bangladesh.

Does the India-Bangladesh DTAA have an article on fees for technical services?

No. The India-Bangladesh DTAA has no separate article on fees for technical services. Article 13 covers royalties, which Bangladesh may tax at up to 10% of the gross amount. Payments for services generally fall under Article 7 on business profits or Article 15 on independent personal services.

Should an invoice to a client in Bangladesh be in BDT, US dollars or rupees?

US dollars are common, because ACU trade payments settle through ACU Dollar or ACU Euro accounts. Rupee invoicing works only if both banks can settle in rupees, so ask your AD bank first. Exports invoiced or settled in rupees get 12 months for realisation. Read about invoicing exports in rupees before choosing.

What is the EDF deadline for a services invoice sent to a client in Bangladesh?

The EDF is due within 30 days from the end of the month in which you raised the invoice, under Regulation 3(2) of the 2026 FEMA Regulations. You can file one EDF for all exports in a month. Services other than software may file on or before the date of payment.

Is there a limit on payments from Bangladeshi clients through a PA-CB payment service?

Yes. The RBI Payment Aggregator Master Direction caps each inward or outward transaction processed by a PA-CB at ₹25 lakh. A Bangladeshi client paying a larger invoice can pay through its bank directly to your AD bank, where no such cap applies, subject to the ACU rules.

Does SOFTEX still apply to software exports to clients in Bangladesh?

No. A.P. (DIR Series) Circular No. 20 superseded the SOFTEX circulars from 1 October 2026. Software exports to Bangladeshi clients are now declared on the EDF under the 2026 FEMA Regulations, within 30 days from the end of the invoice month. Read more on EDF form for export.