Remittance Service

Our Remittance Payment procedure is very safe, simple and fast. The Bank has signed a good number of long term deals with a group of well-connected remittance partners across the globe such as MoneyGram, Dolex, Xpress Money Services and Western Union etc. We have developed our own remittance distribution software “DRUTI”. In addition to our 43 branches, we have agreement with GrameenPhone (1,40,000 outlets), Jagarani Chakra Foundation (250 outlets) and General Post Office - GPO (10,000 outlets) to use their mobile technology and wide distribution outlets around the country to easily distribute inward remittance. With a view to channeling the homebound foreign remittances from Bangladeshi expatriates, the Bank has decided to open 100% owned subsidiary Exchange Company of Premier Bank in Italy, Libya, Malaysia, Singapore, Spain and UK subject to approval from Regulatory Authorities of the respective Countries. Permission from UK has already been received and the rest are underway.