BRAC takes remittance services to customers' doorsteps

Posted by BankInfo on Sat, Feb 09 2013 04:58 am

Syed Mahbubur Rahman, chief executive officer of BRAC Bank Ltd, hands remittance to Selina Akhtar, a client, to formally inaugurate the bank's remittance payment service at Kapasia SME Unit Office in Gazipur yesterday. 

Rural customers can now receive remittance on their doorsteps as BRAC Bank yesterday launched remittance payment services at its SME unit offices across the country.

Initially, the services will be available in 21 SME unit offices and will be expanded to 397 offices across the country gradually, the bank said in a statement yesterday.

The bank said expatriate Bangladeshis will now see their hard-earned money safely

reaching pockets of their near and dear ones in Bangladesh with best possible convenience within their proximity, according to the statement.

Syed Mahbubur Rahman, chief executive of the bank, inaugurated the services at Kapasia SME Unit Office in Gazipur.

“As the SME Bank, we have the largest network of SME offices at semi-urban and rural areas. Now the SME offices will provide remittance services for convenience of rural people,” he said.

"This will help rural customers to receive remittance in a faster and secure way.”

The banker thanked Bangladesh Bank for permitting

the pro-people service, which will facilitate financial inclusion of un-banked people in rural Bangladesh.

With 155 branches, 500 BRAC BDP points, bKash touchpoints, 15 EL DORADO member bank network, the launching of remittance payment service at SME offices will make BRAC Bank as one of the largest remittance delivery networks in Bangladesh, said Rahman.

Abdur Rahman, head of SME banking, Zeeshan Kingshuk Huq, head of communication and service quality and Shaheen Iqbal, acting head of treasury and financial institutions and expatriate banking, were present.

News:Daily Star Bangladesh/9-Feb-2013


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