The Western Union Company (NYSE: WU), a leader in global payment services in association with Singer Bangladesh Limited the largest electronics and home appliance retail chain in Bangladesh and Bank Asia Limited today announced the launch of their money transfer service from 371 Singer Mega and Singer Plus outlets across the country. From now on money transferred from more than 200 countries and territories across the globe can be collected from any Singer outlets at almost every corner of the country even after banking hours (until 8:00 pm).
Bangladesh Bank Governor Dr. Atiur Rahman formally inaugurated the Western Union money transfer service at a city hotel Thursday.
''This alliance among Singer, Western Union and Bank Asia is just another example of Singer's strategy to diversify its products and services to consumers'', said Mr. A. M. Hamim Rahmatullah, Managing Director - Singer Bangladesh Ltd. & Regional Vice President - Singer Asia Limited. The reliability of the three brands creates the potential of transforming the Singer outlets into money transfer hubs, thus offering more convenience in collecting remittance, he added.
Mr. Rajiv Garodia, Western Union's Senior Vice President, Middle East and South Asia said that, Western Union already has the largest international money transfer network in Bangladesh with over 12,000 locations. "We understand the importance of easy access of money transfer services in promoting financial inclusion in Bangladesh and its effect on achieving potential, personal growth and empowerment. Our collaboration with Singer Bangladesh and Bank Asia is a step forward in our global strategy to grow our touch points and provide reliable and accessible money transfer solutions to more individuals", he said in a message on the occasion.
Chairman of Bank Asia A. Rouf Chowdhury said: "Our collaboration with Singer Bangladesh will result in reaching more consumers, making it easier for more people to access Western Union services all over the country."
Through a comprehensive network of branches in communities with the most need, Western Union and Singer Bangladesh introduce new ways of incorporating technology to provide innovative and professional financial services to the underserved markets.
Among others, Western Union Country Director& Commercial Payments - East & South Asia Vijay Raj Poduval and President & Managing Director of Bank Asia Md. Mehmood Husain spoke on the occasion.
Western Union money transfer service launched at Singer outlets
FE Report | Published: May 09, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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