The New Nation - Internet Edition

An agreement on Instant Cash Service was signed recently between Islami Bank Bangladesh Limited and Oman Exchange Company of Kuwait. The signing ceremony was held on the Head Office of Oman Exchange Company in Kuwait.

Md. Mahbub-ul-Alam, Senior Vice President of International Banking Wing of Islami Bank Bangladesh Limited and Sabbir Ali Jamani, General Manager and CEO of Oman Exchange Company of Kuwait signed the agreement on behalf of their respective organisations.

Mominul Islam Patwary, Chairman", Executive Committee of Islami Bank Bangladesh Limited and Shahid Akter, Operation Manager of Oman Exchange Company were present in the function

After this arrangement, the recipients in Bangladesh will be able to receive the funds sent by expatriates in Kuwait from any branch of Islami Bank Bangladesh Limited instantly without opening any account with the bank, Islami Bank Bangladesh Limited has by now signed Instant Cash agreement with 26 Exchange Houses around the globe.

Through different modernised technologies along with larger banking channel and internet facility, Islami Bank Bangladesh Limited now ensures the reception of money sent by the expatriates to the recipients in a shorter period than before.