Prime Exchange Co Pte Ltd, Singapore signed a remittance arrangement agreement with Sonali Bank Limited, Bangladesh at the corporate office of Prime Bank Limited on Sunday, says a press release.

Md. Ehsan Khasru, managing director of Prime Bank and director of Prime Exchange Co, and Atiqur Rahman, deputy managing director of Sonali Bank, signed and exchanged the agreement.

This arrangement will facilitate the beneficiaries to collect remittance from any branch of Sonali Bank in Bangladesh sent from Singapore through Prime Exchange Co.

Prime Exchange Co Pte Ltd is the first ever fully owned exchange company established in Singapore with the approval of Bangladesh Bank and the monetary authority of Singapore. Established in 2006, it has been providing remittance services to the NRBs living and working in Singapore.

The Independent/Bangladesh/ 6th March 2012