Friday, 30 September, 2022
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SBAC Bank, Nec Money Transfer ink deal to facilitate remittance inflow

An agreement has been signed between South Bangla Agriculture and Commerce (SBAC) Bank Ltd and NEC Money Transfer Ltd for facilitating disbursement of inward remittance flow.

Mosleh Uddin Ahmed, managing director and CEO of SBAC Bank Ltd and Ikram Farazy (Alamgir), chairman of the NEC Group, signed the agreement recently on behalf of their respective organizations held at the head office of SBAC Bank Ltd, said a press release, reports BSS.

As a result of this agreement , all expatriate Bangladeshis located in 40 countries including in Italy, England, France and the Middle East can easily send money through NEC Company at low cost and can also withdraw money from any Branch of SBAC Bank.

Habibur Rahman, additional managing director,

Md. Nurul Azim, deputy managing director, Dr. Anower Farazy, director of NEC Remittance Company and chairman of the Farazy Hospital, Mohammad Asadul Haque, SEVP and head of Treasury, Md. Masoodur Rahman, SEVP and head of ICCD, Md. Mazharul Hasan, VP and head of international division (CC), Mir Asif Ahmed Chowdhury, head of remittance, were present, among others, at the signing ceremony.