Mutual Trust Bank Limited (MTB) has recently signed an agreement with NEC Money Transfer Limited (NEC) at MTB Centre, 26 Gulshan Avenue, Gulshan 1, Dhaka 1212. Under the agreement, the receivers of foreign remittance will receive the funds through Remittance Disbursement Service. This allows the beneficiaries to receive cash from the cash counters of MTB branches or directly on their mobile phones.
Ikram Farazy, Managing Director & CEO, NEC Money Transfer Limited and Anis A. Khan, Managing Director & CEO of Mutual Trust Bank Limited signed the agreement on behalf of their respective organizations. Md. Monir H Farazy, Director, Shamim Ahamed, Country Manager of NEC Money Transfer Limited, Md. Hashem Chowdhury, Additional Managing Director & Chief Operating Officer (COO), Syed Rafiqul Haq, Deputy Managing Director & Chief Business Officer (CBO), Mohammad Zahidul Ahasan, Head of NRB Division, Azam Khan, Group Chief Communications Officer of MTB along with other senior officials from both the organizations were also present at the occasion