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SIBL, Lotus Forex sign remittance agreement

Saturday, 20 December 2008


FE Report
Social Investment Bank Limited (SIBL) and Lotus Forex Hong Kong signed an electronic fund transfer (EFT) agreement in Hong Kong recently, said a press release.
SIBL Additional Managing Director Abu Sadek Md Sohel and Lotus Forex Manager Jayati Chakraborty signed the agreement on behalf of their respective organisations.
Also present at the signing ceremony were Lotus Forex Chief Executive Officer (CEO) Kashinath S Rao and Vice-President YC Hegde.
Through the Lotus Forex, the bank will collect remittance from the expatriates living in the United Kingdom (UK), Singapore, Hong Kong and Australia.