Bank Asia signs deal with Western Union

Posted by BankInfo on Thu, Sep 12 2013 09:48 am

Md Mehmood Husain, President and Managing Director of Bank Asia and Patricia Riingen, Senior Vice President of Western Union (East and South Asia) exchange documents after signing an agreement at the bank’s corporate office in Dhaka on Wednesday. Western Union (WU) and Bank Asia signed an agreement on transferring foreign remittance direct to Bank Account (D2B) of beneficiaries at the bank’s corporate office in Dhaka on Wednesday.


WU, under this arrangement, has also agreed to route account credit payments from all over the world to all banks in Bangladesh through BFTN of Bank Asia, said a press release.


A. Rouf Chowdhury, Chairman of Bank Asia, Md Mehmood Husain, President and Managing Director of the Bank and Patricia Riingen, Senior Vice President of Western Union (East & South Asia) exchanged the agreement.


Mohammed Lakiotullah, Vice Chairman of the bank, Rumee A. Hossain, Vice Chairman of Board Audit Committee and Head of Foreign Remittance Dept,

Steve Peregrino, Vice President (Marketing APAC) of Western Union (WU) and Mr. Vijayraj Poduval, Country Director of WU and Mr. A.M. Hamim Rahmatullah, Managing Director and CEO of Singer Bangladesh Limited, were present on the occasion. 

News:Daily Sun Bangladesh/12-Sep-2013
Posted in Banking, News

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