Brac Bank to use Dutch global payments network

Brac Bank yesterday announced a partnership with TerraPay to enable non-resident Bangladeshis abroad to send funds to Bangladesh in real time. 

The global payments infrastructure company has merchant partner networks with payouts to over 4.5 billion bank accounts and 1.5 billion mobile wallets, said a press release. 

"This partnership adds to our growing remittance partnerships globally to help expatriate Bangladeshis send money from anywhere in the world," said Selim RF Hussain, managing director of Brac Bank.