Xpress Money, one of Bank Asia, to the leading money transfer brands, recently announced a strategic extension of its services with offer ‘Any Bank Account Credit’ service to its Bangladeshi customers,
says a press release. Xpress Money’s ‘Any Bank Account Credit’ service with Bank Asia will provide beneficiaries an access to their funds sent to any branch of any scheduled or specialized bank in Bangladesh,
Within 48 hours from the time the remitter completes the transaction.
This service is routed through Bangladesh Electronic Funds Transfer Network (BEFTN), a payment solution provided by Central Bank of Bangladesh.
Xpress Money is the first amongst the international money transfer operators to introduce this service in Bangladesh
The service does not levy any back-end charges to customers. Speaking on the launch, Shamim Iftakhar, country manager-Bangladesh,
Xpress Money, said, “We are pleased to introduce the ‘Any Bank Account Credit’ service with Bank Asia that would enhance the Direct Account Credit service in Bangladesh.
This unique service will boost the savings culture amongst Bangladeshis as the remittances are directly credited to their savings account with any bank in Bangladesh.
Bangladesh being a critical market for Xpress Money, it is essential that we strategically expand our services to attract both white-collared and blue-collared expats.”
Xpress Money offers a bunch of services to address varied customer demands in both develop and developing remittance markets.
“We constantly innovate to bring homes closer for the growing expatriate community of Bangladesh,” he added.
News Source: The Independent