logo

IBBL signs 'instant cash service' deal with NMEC, Kuwait

Wednesday, 31 October 2007


An agreement on 'instant cash service' was signed between Islami Bank Bangladesh Limited (IBBL) and National Money Exchange Company (NMEC), Kuwait recently.
IBBL International Banking Wing Senior Vice President Md Mahbub-ul-Alam and NMEC Managing Director Mahamud Hussain Khaja signed the agreement on behalf of their respective organisations.
IBBL Executive Committee Chairman Mominul Islam Patwary was present on the occasion.
By the arrangement, the recipients in Bangladesh will be able to receive the funds sent by expatriates in Kuwait from any branch of IBBL instantly without opening any account with the bank.
IBBL is providing 'instant cash service' with 26 exchange houses around the globe.