MoneyGram signs agreements with two entities in Bangladesh

Dhaka, Bangladesh (BBN) – MoneyGram International, a leading global provider of money transfer services has signed two separate agreements with Bangladeshi entities to expand its network on remittance services.

MoneyGram signed an agreement with local NGO- TMSS as sub-agent of NCC Bank Limited and another one with Al-Arafah Islami Bank Limited.

Thengamara Mohila Sabuj Sangha (TMSS) is the sub-agent of NCC Bank in Bangladesh.

MoneyGram signed up the agreement with TMSS to extend their service to reach even the remotest area of the South Asian country.

Chairman of NCC Bank Tofazzal Hossain thanked MoneyGram International for grading his bank as Super-Agent and expected to extend business relationship even further in coming years.

BBN/SS/SI/AD-21May09-9:14 am (BST)

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