LATEST
Fishermen form human chain demanding trawling ban Over 250 hotels; zero fire clearance Russia lured BD locals into war: UN CPB office under attack, 2 activists beaten in Dhaka Justice delayed, justice denied Solution lies in Myanmar Rooppur gets fresh nuclear fuel Healthcare in corruption trap DGFI men to face military inquiry Japan bets big on Bangladesh
Skip to content

Thursday | October 29, 2026 | Dhaka

Nagad, ONE Bank tie up to route remittances

 Business Desk
 Published: 12:05 AM, 29 October 2026
Nagad Chief Commercial Officer Mohummed Shahin Sarwar Bhuiyan and ONE Bank Deputy Managing Director Kazi Ziaul Islam exchange documents after signing an agreement to route expatriate remittances directly to Nagad mobile wallets, at ONE Bank's corporate headquarters in Gulshan, Dhaka. Other high officials from both organizations were present at the ceremony.

Nagad, the mobile financial service of the Bangladesh Postal Department, has entered a strategic partnership with ONE Bank to expand digital financial transaction services for customers, under which remittances sent by expatriates through the bank will reach Nagad wallets.

Under the partnership, remittances sent through ONE Bank will reach the Nagad wallets of rural and marginalised populations faster and more easily, said a press release here on Wednesday.

Expatriates can send money home through international exchange houses, Money Transfer Operators (MTOs) or banks. Nagad customers, including those in rural and remote regions, will be able to access these funds 24/7 from anywhere in the country.

Both institutions will also explore the feasibility of introducing features that allow customers to pay monthly savings deposit scheme (DPS) installments and EMIs of different loan products, including ONE Bank’s nano loans, through Nagad in the future.

In a recent ceremony, at ONE Bank’s corporate headquarters in Gulshan, Nagad Chief Commercial Officer Mohummed Shahin Sarwar Bhuiyan and ONE Bank Deputy Managing Director Kazi Ziaul Islam put pen to papers on behalf of their respective organisations.

Mohummed Shahin Sarwar Bhuiyan said: “By delivering remittances sent through ONE Bank directly to customer wallets, people, particularly in remote parts of the country, can receive and utilise these funds at any time.”

“Furthermore, we hope that adding features to pay loan and DPS installments will make daily financial transactions even easier for our customers,” he added.

Kazi Ziaul Islam said, “Nagad has an extensive and strong network across the country. Using this network, customers in remote areas where opening a bank branch is not feasible can receive remittances and pay loans and DPS installments through Nagad.”