The fourth edition of the Bangladesh Remittance Fair is set to open in New York on Saturday, aiming to strengthen remittance inflows from the United States to Bangladesh.

According to a press release issued on Thursday, the two-day fair will take place at Jackson Heights and be co-hosted by the Bangladesh-USA Chamber of Commerce and Industry (BUCCI) and USA-Bangladesh Business Links.

The Bangladesh Association of Banks (BAB) and the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) are also involved as organising partners.

Bangladesh Bank Governor Dr Ahsan H Mansur is expected to inaugurate the event as the chief guest.

The fair will serve as a platform for banks, mobile financial service providers, app developers, money exchange houses, and remittance channel partners to showcase services, exchange ideas, and promote secure and efficient remittance practices.

A series of interactive sessions, including presentations, panel discussions, demonstrations and Q&A forums, is scheduled. A networking dinner will also be held, drawing participants from the Department of Financial Services, New York State, and representatives of leading exchange companies.

Institutions such as Dhaka Bank PLC, Islami Bank Bangladesh PLC, and Uttara Bank PLC previously joined the fair. During the 2024 edition, Islami Bank, National Bank Limited, and Bank Asia PLC were recognised with the Top Remittance Bank Receiver Award, while BA Express, Sunman Global Express and Standard Express received accolades as top remittance channel partners. Ten individuals were also honoured for their contributions.