IBBL signs instant cash service deal with USA-based company
Friday, 7 September 2007
FE Report
An agreement on instant cash service was signed between Islami Bank Bangladesh Limited (IBBL) and USA-based Placid NK Corporation (PNKC) in the US recently.
IBBL Deputy Executive President and Head of International Banking Wing Mohammad Abdul Mannan and PNKC President Kamal U Ahmed signed the agreement on behalf of their respective organisations.
Because of signing the agreement the recipients will be able to receive the fund, sent by the expatriates in the US, from any branch of IBBL without opening any account with the bank.
IBBL has so far signed such agreement with 26 exchange houses across the world.
An agreement on instant cash service was signed between Islami Bank Bangladesh Limited (IBBL) and USA-based Placid NK Corporation (PNKC) in the US recently.
IBBL Deputy Executive President and Head of International Banking Wing Mohammad Abdul Mannan and PNKC President Kamal U Ahmed signed the agreement on behalf of their respective organisations.
Because of signing the agreement the recipients will be able to receive the fund, sent by the expatriates in the US, from any branch of IBBL without opening any account with the bank.
IBBL has so far signed such agreement with 26 exchange houses across the world.