DHAKA BANK PARTNERS WITH J.P. MORGAN TO IMPROVE INWARD REMITTANCE

Dhaka Bank and J.P. Morgan Payments have teamed up to doost inward remittance services in Bangladesh by implementing JP Morgan Payments' Xpedite Select Receipt. The solution aims to streamline and secure cross-border receipts in 40 different currencies, delivering the funds directly to beneficiaries in Bangladesh. The collaboration was formalised on Wednesday through an inaugural ceremony at Dhaka Bank's head office. Sheikh Mohammad Maroof, managing director of Dhaka Bank, and Christine Tan, managing director and head of Asia Pacific at JP Morgan, participated in the event to kick start the collaboration.