Vinesh Venugopal Nair, Vice President, Global Marketing and Communication of Xpress Money Services Ltd and KS Tabrez, Managing Director of DBBL, seen at an inauguration of DBBL mobile banking services in Dhaka.

Dutch-Bangla Bank Limited (DBBL) and Xpress Money Services Limited jointly launched the remittance channeling through DBBL Mobile Banking Services.

Vinesh Venugopal Nair, Vice President, Global Marketing and Communication of Xpress Money Services Ltd and K. S. Tabrez, Managing Director of DBBL, formally inaugurated the service at the bank’s head office in Dhaka Thursday, said a press release.

The service will make the wage earners in abroad able to remit their money to DBBL Mobile Banking Accounts from Xpress Money services.

Upon receipt of money in their mobile accounts, the beneficiaries will be able to withdraw cash from any nearby agent, DBBL branches and ATMs, transfer money to their relatives' mobile account, buy goods and services from a retailer and pay utility bills.

The Daily Sun/ Bangladesh/ 12th May 2012