Pubali Bank, Small World enter into remittance deal

Star Business Desk

Pubali Bank Limited has signed a remittance collection agreement with Small World Financial Services that provides money transfer services worldwide.

Khalid Fellahi, Group CEO of Small World Financial Services, and Nishat Maisura Rahman, general manager and division head of international division of Pubali Bank, inked the deal at the bank's head office in Dhaka yesterday, said a press release.

The agreement aims to deliver remittances sent by expatriate Bangladeshis living in 170 countries around the world, including Europe, in the shortest possible time.

Among others, Stanley Wachs, managing director of Northern Europe, Africa and Asia of Small World Financial Services, Mohammad Ali, managing director and CEO of the bank, Mohammad Shahadat Hossain, deputy managing director, and Khalid Fellahi, group CEO of Small World Financial Services, were present.