Business Desk :
The launch ceremony occurred recently at BRAC Bank PLC’s Head Office in Tejgaon. It was attended by Md Mahiul Islam, Deputy Managing Director and head of Retail Banking at BRAC Bank PLC; Sabbir Ahmed, Visa’s Country Manager for Bangladesh, Nepal, and Bhutan; and other officials from both organisations.
Bangladesh residents get two distinct annual cross-border spending quotas: US$12,000 for general international spending and an additional US$10,000 for medical purposes. However, accessing and managing the medical quota is usually challenging for users. To address this gap, Visa and BRAC Bank PLC have launched the Medical Debit Card, which enables citizens to utilise medical quotas in a dual-currency debit card seamlessly.
On this occasion, Sabbir Ahmed, Country Manager, Bangladesh, Nepal, and Bhutan, Visa, commented, “Medical travel is crucial for the people of Bangladesh. We are delighted to partner with BRAC Bank PLC to introduce a first-to-market, transformative product to address the medical expense needs of our fellow citizens. With this medical debit card, those planning to travel or with medical reasons can access their quota through an easy-to-use debit card.
