Modhumoti Bank inks deal with NEC Money Transfer

Modhumoti Bank Limited signed an agreement with NEC Money Transfer Limited on Thursday at Modhumoti Bank Head Office, Gulshan, Dhaka. Mr. Md. Shafiul Azam, Managing Director & CEO of Modhumoti Bank Limited, and Mr.Ikram Farazy,Chairman & CEO of NEC Money Transfer Limited, signed the agreement on behalf of their respective organizations. Mr. Md. Shaheen Howlader, SEVP & Head of Corporate & Investment Banking Division, Ms. Fahmida Saeed Saki, EVP & Head of International Division of the Bank and on behalf of NEC Money Transfer Limited Dr Anower Farazy Emon, Director of NEC Money along with high officials of both the organizations were present on the occasion. Under this agreement, Modhumoti Bank will be able to disburse all types of remittance transactions of NEC Money Transfer Limited as a Principal Agent.

— Statement