Robi launches mobile remittance service
Wednesday, 20 April 2011
FE Report
For the first time in the country, mobile operator Robi Axiata Limited and Eastern Bank Limited (EBL) have begun a mobile remittance to facilitate Bangladeshi expatriates living abroad to transfer money through mobile phone. Mobile remittance service, which has done wonders in other emerging market economies, will allow seamless and real-time fund transfer from one person's bank account to another. This is an easy, most convenient and secured way to receive foreign remittance. Selected retailersdistributors, Robi Service Partners, will act as cash out points (accredited by the partner banks) from where the beneficiaries can withdraw their remittance in cash. Managing Director & CEO of Robi, Michael Kuehner and Managing Director & CEO of Eastern Bank Limited, Ali Reza Iftekhar were present at the launching ceremony of the remittance service held at a restaurant in the city recently. Speaking on the occasion Managing Director & CEO of Robi, Michael Kuehner said, "This will strengthen Robi's commitment to its customers as m-remittance will make remittance collection more convenient." "Today, customers of any mobile operator can receive remittance service from any Robi Service Partner free of cost'', he also added. In order to collect remittance beneficiary needs to show and submit a photocopy of original identity document (National IDpassportdriving license) & transaction ID to the Robi Service Partner (RSP) outlet. Upon diligent verification RSP will payout the remitted amount to the beneficiary. Initially the service will be launched at RSP's of Dhaka, Comilla and Chittagong region. Gradually the service will spread out all over Bangladesh. Customers of any mobile operator can receive remittance service from RSP and remittance recipients can get this service free of cost. From Robi, Chief Financial Officer Mahtabuddin Ahmed, Vice President - Communications & Media Relations Mohiuddin Babar, Consultant m-Commerce Meena Sivan were present at the launching ceremony. From EBL, Head of Operations Akhtaruzzaman Chowdhury , Head of NRB business Md Towfiqul Alam Chowdhury and Head of Brand Communication Ziaul Karim were present at the event.
For the first time in the country, mobile operator Robi Axiata Limited and Eastern Bank Limited (EBL) have begun a mobile remittance to facilitate Bangladeshi expatriates living abroad to transfer money through mobile phone. Mobile remittance service, which has done wonders in other emerging market economies, will allow seamless and real-time fund transfer from one person's bank account to another. This is an easy, most convenient and secured way to receive foreign remittance. Selected retailersdistributors, Robi Service Partners, will act as cash out points (accredited by the partner banks) from where the beneficiaries can withdraw their remittance in cash. Managing Director & CEO of Robi, Michael Kuehner and Managing Director & CEO of Eastern Bank Limited, Ali Reza Iftekhar were present at the launching ceremony of the remittance service held at a restaurant in the city recently. Speaking on the occasion Managing Director & CEO of Robi, Michael Kuehner said, "This will strengthen Robi's commitment to its customers as m-remittance will make remittance collection more convenient." "Today, customers of any mobile operator can receive remittance service from any Robi Service Partner free of cost'', he also added. In order to collect remittance beneficiary needs to show and submit a photocopy of original identity document (National IDpassportdriving license) & transaction ID to the Robi Service Partner (RSP) outlet. Upon diligent verification RSP will payout the remitted amount to the beneficiary. Initially the service will be launched at RSP's of Dhaka, Comilla and Chittagong region. Gradually the service will spread out all over Bangladesh. Customers of any mobile operator can receive remittance service from RSP and remittance recipients can get this service free of cost. From Robi, Chief Financial Officer Mahtabuddin Ahmed, Vice President - Communications & Media Relations Mohiuddin Babar, Consultant m-Commerce Meena Sivan were present at the launching ceremony. From EBL, Head of Operations Akhtaruzzaman Chowdhury , Head of NRB business Md Towfiqul Alam Chowdhury and Head of Brand Communication Ziaul Karim were present at the event.