National Bank launches remittance operations with dLocal

Business Desk :

National Bank PLC, one of Bangladesh’s leading remittance procuring banks, has launched Remittance operations with dLocal Limited, a globally recognized Electronic Money Institution (EMI) based in Malta.

This launching aims to strengthen cross-border remittance services and deliver faster, secure, and efficient solutions for millions of remittance customers.

The Launching ceremony was held on Thursday at National Bank PLC Head Office, Dhaka, in presence of the senior officials from National Bank. Adil Chowdhury, Managing Director of National Bank PLC formally inaugurated the event by cutting a ribbon. dLocal officials namely Bhaskar Manna (Treasury Manager/Lead, APAC), Sanjay Sahtani (Senior Treasurer, APAC), Zainab Zahid (Treasurer, APAC), Sagar Gangashetty (Payouts Associate, APAC), HM Baki Billah (Payouts Associate, APAC) and Shaion Tripura (Country Manager for Bangladesh, APAC) joined the event virtually in zoom platform.

Among other distinguished officials of National Bank PLC, Syed Zubayer Ahmed, Deputy Managing Director & CFO, Imran Ahmed, Deputy Managing Director, Kazi Kamal Uddin Ahmed, Deputy Managing Director-Incharge, Md Abdur Rahim, Deputy Managing Director-Incharge, Md. Meshkat-Ul-Anwer Khan, DMD-Incharge, Milton Roy, Head of Foreign Remittance Division and other Divisional Heads were present in the launching Ceremony.

In his address, Adil Chowdhury, Managing Director of National Bank PLC, emphasized on the importance of foreign remittance not only from a business perspective but also as a vital contributor to strengthening Bangladesh’s national economy.

He described this launching ceremony as a groundbreaking step toward bringing remittance services closer to the country’s common people, ensuring financial inclusion and convenience.