Dhaka, Bangladesh (BBN) – National Credit and Commerce (NCC) Bank Limited on Monday launched remittance transfer services, enabling millions of Bangladeshi expatriates to send their hard-earned money in a fast and secured way.
Under the service, introduced in collaboration with TMSS, a non-government organization, and Western Union, remittances can be withdrawn from over 600 retail locations of the bank and TMSS across the country.
Bangladesh Bank (BB) Governor Dr Atiur Rahman as the chief guest launched the product at a city hotel.
Presided over by Alhaj Md Nurun Newaz, Chairman of NCC Bank’s Board of Directors, the function was addressed, among others, by Professor Dr Hosne-Ara Begum, executive director of TMSS, Roy Fernandez, Director- Operation of East and South Asia, Western Union, Mohammed Nurul Amin Managing Director & Chief Executive Officer of NCC Bank and Golam Hafiz Ahmed, Additional Managing Director of the private commercial bank.
The central bank chief thanked the authorities concerned for building such joint platform to carry foreign currencies of the beneficiaries timely and in a secured way, strengthening country’s economy and alleviating poverty.
Mentioning different positive trends of the country’s overall nation economy, the BB governor hoped that accumulated efforts including remittance transfer services will propel the economy to the desired level.
Nurul Amin sand: “We are delighted to team up with a global player like Western Union to offer its world class money transfer service. We truly believe the combination of Western Union’s expansive global network and NCC Bank’s local vantage offers real convenience to consumers in Bangladesh.”
Dr Hosne Ara expressed his commitment to speedily deliver the remittance to the remotest beneficiary form their 520 locations around the country.
She also thanked NCC Bank and Western Union for giving such an opportunity to the non-governmental organization (NGO) to join with the partnership.
BBN/SSR/AD-12June12-8:28 am (BST)