Brac Bank inks remittance deal with S African Hello Paisa

Brac Bank Limited has signed an agreement with Hello Paisa (PTY) Ltd. in Pretoria, South Africa.
Head of Retail Sales, Remittance and Payroll of Brac Bank Mamur Ahmed and Chief Commercial Officer (CCO) of Hello Paisa Ahmed Cassim signed the agreement on behalf of their respective organisations recently, said a press release.
Under the deal, the customers of Hello Paisa from now on will be able to make instant bank transfers into accounts at Brac Bank.
Through this deal, the customers can send money online, via mobile to their friends and families in Bangladesh.
Friends and families can receive money direct to their bank accounts or pick up the cash from any of the Brac Bank's 166 branches, 50 SME unit offices and more than 100,000 bKash agents.
Speaking on the occasion, the CCO of Hello Paisa said, "Brac Bank is one of the leading banks in Bangladesh and a pioneer in sophisticated technology in serving all its clients, and we are excited to offer our customers the ability to deposit money instantly and securely there."
"We know that our customers who send money to accounts held at Brac Bank will enjoy this added convenience," he added.
Among others, Chief Commercial Officer of bKash Rezaul Hossain was present at the agreement signing ceremony.