Maldives remittance can be sent to bKash accounts

The Commercial Bank of Ceylon PLC, Commercial Bank of Maldives and bKash signed an agreement to launch a "Bangla eRemit" platform at the former's head office on Sunday. 

The platform will enable Bangladeshi expatriates to use the bank in the Maldives to send remittances instantly to the mobile financial service's accounts at home, says a press release.

Tap here to add The Daily Star as a trusted source

"I believe, this kind of collaboration will boost the industry at large. Bangladesh Bank will be vigilant to ensure proper use of legal channels," said Abdur Rouf Talukder, governor of the central bank, on virtually inaugurating the platform.

"We have been working to create easy ways for our remittance earners to send their money to their relatives without losing valuable time," said Rear Admiral SM Abul Kalam Azad, Bangladesh high commissioner to the Maldives.

"This is a significant development for both the countries," said Shiruzimath Sameer, high commissioner of the Maldives to Bangladesh.

Sanath Manatunge, group managing director of the Commercial Bank of Ceylon PLC, Najith Meewanage, chief executive officer, Dilan Rajapakse, managing director of the Commercial Bank of Maldives, and Kamal Quadir, chief executive officer of bKash, were also present.

Currently, expatriates from over 90 countries are sending remittance to around 65 million bKash accounts through 13 commercial banks of the country via 80 money transfer organisations.