SIBL, Nec Money Transfer enter into remittance deal

Social Islami Bank Ltd (SIBL) and Nec Money Transfer Ltd signed an agreement at the bank's head office in Dhaka on Monday.

Ikram Farazy, chairman of Nec Group, and Md Akmal Hossain, head of international division of the bank, signed the deal, said a press release.

Under this agreement, Bangladeshi expatriates can now send money to any branch, sub-branch and agent outlets of the bank through Nec Money Transfer from various countries.

Zafar Alam, managing director and CEO of the bank, Mohammad Forkanullah and Abdul Hannan Khan, deputy managing directors, Anower Farazy Emon, director of Nec Group, Md Osman Goni, country manager of Nec Money Transfer, Mohammed Ahsan Habib, chief remittance officer, and senior officials of both organisations were present.