Premier Bank inks agreement with Nagad for remittance disbursement
The agreement will increase the wage earners' foreign remittance inflow through legal channel
The Premier Bank PLC has recently signed a remittance disbursement agreement with mobile financial service provider Nagad Limited for the distribution of wage earners' foreign remittances directly to the beneficiaries' e-wallet.
The agreement will increase remittance inflow to Bangladesh and facilitate MFS users to receive foreign remittances conveniently, reads a press release.
Additional Managing Director of The Premier Bank PLC Shamsuddin Chowdhury and Executive Director of Nagad Limited Maruful Islam Jhalak exchanged the agreement on behalf of the respective organisations.
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A number of senior officials from the relevant organisations, including Mamun Mahmud, SEVP & CHRO; Md Tareq Uddin, EVP & head of brand marketing and communications; Mohammad Akram Hossain, company secretary; Syed Md Hasib Reza, FVP & head of remittance division; Shah Arafat Hossain, AVP of the Premier Bank PLC; Mohammad Ziaul Hoque, head of remittance of Nagad Limited were present at the signing occasion.
