RAKUB to expedite remittance collection, transfer activities

Posted by BankInfo on Tue, Dec 15 2015 11:18 am

RAJSHAHI: Rajshahi Krishi Unnayan Bank (RAKUB) and Xpress Money Services Limited here on Sunday afternoon jointly inaugurated a three-day road show and awareness campaign in order to enhance the foreign remittance collection and transfer activities.
The launching ceremony was held at RAKUB Head Office premises here on Sunday afternoon with participation of high officials and others concerned of both the organizations, reports BSS.
RAKUB Managing Director Monzur Ahmed, General Manager (Operations) Reaz Uddin Miah, General Manager (Administration) Abdul Latif, Deputy General Manager (Foreign Remittance) Jahangir Hossain Pramanik and Jakaria Mahmud and Abu Bashar Ansary from Xpress Money Services Limited spoke on the occasion.
For the first time in its history, Rajshahi Krishi Unnayan Bank (RAKUB) has launched money transfer services early last month for quick transferring of remittances to the beneficiaries.
Now, the specialized bank is operating the modern services through all its 378 branches in 16 districts under Rajshahi and Rangpur divisions in association with Xpress Money Services Ltd and International Money Express (IME).
In his remarks, RAKUB Managing Director Monzur Ahmed mentioned that discipline is necessary for attaining the goal of any organization. It covers administrative as well as financial discipline.
So, this will be maintained at all levels of our operation. He says foreign Exchange business is considered to be very much important, for, it is a huge revenue earning source of the banking business now-a-days.
But our Foreign Exchange business is not up to the mark. Emphasis will be given for doing foreign exchange business independently through strengthening the Foreign Exchange department, keeping an eye, of course, on the recent scam that unsettled the banking arena in the recent past.

News:Daily Sun/15-Dec-2015

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