Standard Bank partners with RIA on safe remittance


FE Desk | Published: March 30, 2021 21:52:26


Khondoker Rashed Maqsood, managing director and CEO of Standard Bank, and Suhail Shamsi, business development director of RIA Money Transfer, at the virtual inauguration ceremony of receiving remittance through RIA Money Transfer, on Monday.

Standard Bank Limited has entered into an agreement with RIA, one of the world's leading money transfer companies, to send hard-earned money of expatriate Bangladeshis safely to Bangladesh.
On the occasion, Khondoker Rashed Maqsood, managing director and CEO of Standard Bank, and Suhail Shamsi, business development director of RIA Money Transfer, inaugurated the service by joining a virtual meeting held on Monday, said a press release.
Standard Bank's Deputy Managing Director Mohammad Rafiqul Islam and Head of Remittance Division Rebeka Sultana, and RIA Money Transfer Bangladesh Country Representative AKM Nazmul Hossain also joined the meeting.
From now on, remittance sent through 13 money transfer companies including RIA can be received by the beneficiaries from any of the 138 branches and 28 agent outlets of Standard Bank.

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