IBBL, Bahrain Exchange Co sign deal on instant cash
Wednesday, 15 August 2007
FE Report
An agreement was signed between Islami Bank Bangladesh Limited (IBBL) and Bahrain Exchange Company, Kuwait on instant cash facility recently.
IBBL Senior Vice President (International Banking) Md Mahbub-ul-Alam and Taitas Deducs Enamakel of Bahrain Exchange Company signed the agreement on behalf of their respective sides at the latter's corporate office in Kuwait.
Executive committee Chairman of the bank Mominul Islam Patwary was present on the occasion.
Under the deal, the recipients will now be able to draw money from any branch of the bank through instant cash system without opening any account.
Meanwhile, with the introduction of online banking system in the branches of the bank and the signing arrangement with 26 exchange houses of the world, it has now become easier than before to send money to the accounts of the beneficiaries by the expatriates.
An agreement was signed between Islami Bank Bangladesh Limited (IBBL) and Bahrain Exchange Company, Kuwait on instant cash facility recently.
IBBL Senior Vice President (International Banking) Md Mahbub-ul-Alam and Taitas Deducs Enamakel of Bahrain Exchange Company signed the agreement on behalf of their respective sides at the latter's corporate office in Kuwait.
Executive committee Chairman of the bank Mominul Islam Patwary was present on the occasion.
Under the deal, the recipients will now be able to draw money from any branch of the bank through instant cash system without opening any account.
Meanwhile, with the introduction of online banking system in the branches of the bank and the signing arrangement with 26 exchange houses of the world, it has now become easier than before to send money to the accounts of the beneficiaries by the expatriates.