Wise Business to BRAC, City Bank or EBL: USD Guide

For Bangladeshi founders running a US LLC, client payments and Stripe payouts typically settle first into a Wise Business or Mercury account held in USD. From there, the funds are wired to a Bangladeshi commercial bank. Routing through Wise Business (rather than receiving directly into a Bangladeshi account) keeps your USD intact in a single multi-currency account, gives you a proper audit trail tied to your US entity, and lets you choose when to convert and remit rather than being forced into an immediate conversion.

Three Bangladeshi banks are the most commonly used destinations for USD inflows from US LLC earnings, each with a dedicated channel for freelance/export remittances:

Because the funds enter through official SWIFT banking channels as declared software/IT export or freelance service income — not through informal hundi-style channels — the inflow is fully documented and compliant with Bangladesh Bank's foreign exchange regulations. When you wire USD from Wise to BRAC Bank or City Bank, your local branch issues an official Proceeds Realization Certificate (PRC) confirming the legal export inflow. Keep every PRC on file; it's the primary document Bangladesh Bank and the National Board of Revenue use to verify that your foreign earnings were properly repatriated and reported.

Several Bangladeshi banks offer a special Exporter's Retention Quota (ERQ) or 'freelancer' USD account specifically for IT/software exporters, which lets you retain a portion of your earnings in USD rather than converting the full amount to BDT immediately. This is worth asking about when opening the account relationship, since it gives you flexibility to hold foreign currency for future business expenses (software subscriptions, contractor payments, ad spend) without repeated conversion costs.

HynoGo forms your Wyoming or Delaware LLC, secures your IRS EIN in 2 days, and sets up your Wise Business or Mercury account documentation — the full foundation needed to receive Stripe payouts and client payments in USD before you ever wire to a Bangladeshi bank. We also guide Bangladeshi clients through structuring the entity and documentation so your repatriated income is cleanly traceable to a legitimate US business for both Bangladesh Bank and IRS purposes.