IBBL, e-CAB to roll out prepaid card

Islami Bank Bangladesh Limited signed an agreement with e-Commerce Association of Bangladesh (e-CAB) for launching e-CAB co-branded dual currency prepaid card, says a press release.
The card will facilitate members of e-CAB to spend up to 10,000 US dollars in international transactions in addition to yearly travel quota. Besides, up to $2000 may be used in a single transaction.
Md. Omar Faruk Khan, Additional Managing Director of the bank, and Shomi Kaiser, President, e-CAB, signed the MoU on behalf of respective organisations at Islami Bank Tower on Tuesday in presence of Mohammed Monirul Moula, Managing Director & CEO of IBBL.
Muhammad Qaisar Ali, Additional Managing Director, Mohammad Jamal Uddin Mazumder, Abul Faiz Muhammad Kamaluddin and Md. Maksudur Rahman, senior executive vice presidents, IBBL, and Mohammad Sahab Uddin Shipon, vice president, Muhammad Abdul Wahed Tomal, general secretary, and Mohammad Abdul Haque Anu, finance secretary of e-Cab, and Soumya Basu, Country Manager of VISA Bangladesh, were present on the occasion.