BRAC Bank yesterday launched a new product, Probashi Card, to help customers receive overseas remittance directly from ATM booths and point-of-sales all over the country.

With the pre-paid card, customers can now receive remittance money at anytime avoiding the hassle of coming to the bank branches, the bank said in a statement yesterday.

“BRAC Bank's Probashi Card is the fastest, safest and the most convenient way of receiving remittance money from across the world for beneficiaries in Bangladesh,” the statement added.

Syed Mahbubur Rahman, managing director and chief executive officer of BRAC Bank, launched the card at a programme at Sonargaon Hotel in Dhaka.

“BRAC Bank has always been bringing in new services for convenience of its customers. Probashi Card gives customers freedom to withdraw desired amount of money directly from ATM and keep the rest as savings for withdrawing as and when required,” said Rahman.

“All these features make this a unique card to facilitate quickest remittance delivery at home. BRAC Bank will continue to introduce innovative banking solutions for the expatriate customers and their beneficiaries.”

Mohammad Mamdudur Rashid, deputy managing director, and Khwaja Shahriar, head of cash management, custodial services and Probashi Banking, were also present.

Source: The Daily Star/Bangladesh/May 31, 2011