Mercantile Bank Limited has signed an agreement to join in the EL DORADO network, a real time online remittance and payment system, says a press release.

Mohammad Mamdudur Rashid, deputy managing director of BRAC Bank, and M A Yousuf Khan, deputy managing director of Mercantile Bank, signed the agreement recently.

Under the agreement, customers of Mercantile Bank will enjoy instant online remittance services through member banks of EL DORADO network.

The Independent/Bangladesh/ 6th March 2012