The New Nation - Internet Edition

Foreign remittance has been palying a pivotal role in minimising the widening trade gap due to price hike of oil and commodities in the international market.

Agrani Bank Ltd has given highest priority on expatriate inward remittances. Agrani Bank Ltd has introduced on-line remittance service through its own software to deliver the hard earned foreign exchange of the expatriates to their relatives. At present under this system remittances come from Saudi Arabia through Alraji Banking and Investment Corporation, are credited within 24 hours to the account of the beneficiaries of Sylhet and Sunamganj districts. Customers throughout the country would enjoy this facility through 866 branches of Agrani Bank Ltd very soon.

Besides these, through this system remitters would be able to remit money from any comer of the globe including Malaysia, Singapore, Middle East and Europe.

Syed Abu Naser Bukhtear Ahmed, Managing Director and CEO of Agrani Bank Ltd inaugurated this service on July 20 last in a simple ceremony. Syed Abdul Hamid, DMD-l, Mohammed Fayekuzzaman, DMD-2 and other executives and officers of the bank were present on the occasion.

In his inaugural speech, the Managing Director and CEO emphasised on swift and safe delivery of the remittances to the respective beneficiaries.

The bank is going to introduce Money-Gram and other Instant Payment System very shortly to send the remittances to the customers instantly. Apart from these, the bank also is going to launch 'Remittance Card System' to facilitate 24 hours payment against remittances.

The bank has established 'Remittance Information Desk' in the Head Office to advise and help the remitters and beneficiaries regarding the way of sending remittances easily and quickly and how to invest the hard earned money properly.