An agreement of remittance arrangement was signed recently between Islami Bank Bangladesh Limited and Transmit International, USA.
Md. Habibur Rahman, Deputy Managing Director and Head of International Banking Wing of IBBL and Mohammad M Islam, President and CEO of Transmit International, USA signed the agreement on behalf of their respective sides. Md. Mahbub-ul Alam and Md. Abdul Jabbar, Executive Vice Presidents of the Bank and Md. Taibur Rahman, Country Director of Transmit International were present in the programme.
As a result of this agreement Bangladeshi expatriates from USA can remit their money at lower cost through Spot Cash. The receiver can draw the money without any account from any branch of IBBL. Through different modernised technologies along with larger banking channel and internet facilities IBBL now ensures the reception of money sent by the expatriates to the recipients in a shorter period than before.
Md. Habibur Rahman, Deputy Managing Director and Head of International Banking Wing of IBBL and Mohammad M Islam, President and CEO of Transmit International, USA signed the agreement on behalf of their respective sides. Md. Mahbub-ul Alam and Md. Abdul Jabbar, Executive Vice Presidents of the Bank and Md. Taibur Rahman, Country Director of Transmit International were present in the programme.
As a result of this agreement Bangladeshi expatriates from USA can remit their money at lower cost through Spot Cash. The receiver can draw the money without any account from any branch of IBBL. Through different modernised technologies along with larger banking channel and internet facilities IBBL now ensures the reception of money sent by the expatriates to the recipients in a shorter period than before.