IBBL signs instant cash service deal with Kuwaiti co
Tuesday, 23 October 2007
FE Report
An agreement on instant cash service has been signed recently between Islami Bank Bangladesh Ltd (IBBL) and Dollarco Exchange Company of Kuwait.
The signing ceremony was held at the head office of Dollarco Exchange Co in Kuwait, said a press release.
Senior Vice-President, International Banking Wing of IBBL Md Mahbubul Alam, and General Manager and CEO of Dollarco Exchange Company Khalid Sharif signed the agreement on behalf of their respective organisations.
IBBL's chairman of Executive Committee Mominul Islam Patwary and Operation Manager of Dollarco Exchange Co Shaher Al Nawafale were also present on the occasion.
Under the deal, the recipients in Bangladesh will be able to receive the funds sent by expatriates in Kuwait from any IBBL branch instantly without opening any account with the bank.
IBBL has so far signed instant cash service agreement with a total of 26 exchange houses around the globe.
An agreement on instant cash service has been signed recently between Islami Bank Bangladesh Ltd (IBBL) and Dollarco Exchange Company of Kuwait.
The signing ceremony was held at the head office of Dollarco Exchange Co in Kuwait, said a press release.
Senior Vice-President, International Banking Wing of IBBL Md Mahbubul Alam, and General Manager and CEO of Dollarco Exchange Company Khalid Sharif signed the agreement on behalf of their respective organisations.
IBBL's chairman of Executive Committee Mominul Islam Patwary and Operation Manager of Dollarco Exchange Co Shaher Al Nawafale were also present on the occasion.
Under the deal, the recipients in Bangladesh will be able to receive the funds sent by expatriates in Kuwait from any IBBL branch instantly without opening any account with the bank.
IBBL has so far signed instant cash service agreement with a total of 26 exchange houses around the globe.