EBL, NEC Money Transfer sign remittance service agreement

Eastern Bank Limited (EBL) recently signed a remittance service agreement with NEC Money Transfer Limited.

EBL Managing Director and CEO Ali Reza Iftekhar and NEC Money Transfer Limited Chairman Ikram Farazy signed the agreement on behalf of their respective organisations at EBL head office in Dhaka, said a press release.

NEC Money Transfer is a Bangladeshi-owned fintech based remittance company which is popular among Bangladeshi expatriates in the UK, Italy, South Africa, Australia, Canada and other EU countries.

Jahangir Farazy, Chairman of Farazy Real Estate; Anowar Farazy Emon, Chairman of Farazy Hospital; Mohammad Mamunur Rashid, Head of International Business, Monjurul Alam, Head of Human Resource, Chowdhury Bahar Wadud, Head of Business Development and Remittance from EBL; Osman Goni, Country Manager, and Rashedul Islam Talukder, Business Development Manager of NEC Money Transfer were present on the occasion among others.