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Islami Bank Bangladesh Limited signed an agreement of remittance arrangement recently with Al-Rajhi Banking and Investment Corporation (Malaysia)
Islami Bank Bangladesh Limited signed an agreement of remittance arrangement recently with Al-Rajhi Banking and Investment Corporation (Malaysia)
 
Islami Bank Bangladesh Limited signed an agreement of remittance arrangement recently with Al-Rajhi Banking and Investment Corporation (Malaysia) Barhad with a view to remitting the hard earning money of Bangladeshi expatriates through Banking Channel. Mohammad Abdul Mannan, Managing Director of IBBL and Sabry Ghosh, Head of Retail Banking of Al-Rajhee Banking and Investment Corporation (Malaysia) Barhad signed the agreement on behalf of their respective sides at the Head Office of Al-Rajhee Banking and Investment Corporation (Malaysia) Barhad.

As a result of this agreement Bangladeshi expatriates from Malaysia will be able to remit their money immediately at payees account through account credit and spot cash system and the receiver can draw cash from any branch of IBBL without any account.

IBBL signed remittance agreement with 97 Banks and Exchange Houses of the world including 7 Banks and Exchange Houses of Malaysia besides Al-Rajhee Banking and Investment Corporation (Malaysia) Barhad and the same agreement with more Exchange Houses are under process.

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