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Bangladesh: Western Union signs up Trust Bank to offer Money Transfer service.


Byline: babalu03

Western Union recently signed a service deal with Trust Bank Limited; Bangladesh's only defence Bank, as a Principal Agent for offering the Western Union Money Transfer Service.

Trust Bank has also signed up Shakti Foundation - a pioneer NGO NGO
abbr.
nongovernmental organization

Noun 1. NGO - an organization that is not part of the local or state or federal government
nongovernmental organization
 in urban, sub-urban micro finance as its Sub Agent for offering the Western Union service. Through which, in addition to 40 branches of Trust Bank another 140 locations of Shakti Foundation have started offering the Western Union Money Transfer Service. Commenting on the new signup, Ratheesh Kumar, Regional Vice President, South Asia This article is about the geopolitical region in Asia. For geophysical treatments, see Indian subcontinent.
South Asia, also known as Southern Asia
 and South East Asia East Asia

A region of Asia coextensive with the Far East.



East Asian adj. & n.
 said, "Trust Bank serves a noble cause by offering banking services for armed forces personnel stationed outside Bangladesh. Thousands of defense personnel posted abroad in various peacekeeping roles will now be able to send money back to their loved ones loved ones nplseres mpl queridos

loved ones nplproches mpl et amis chers

loved ones love npl
 through the fast, reliable and convenient service offered by Western Union. Trust Bank & Shakti Foundation branches will also cater general public."

Bangladesh Bank Bangladesh Bank is the Central bank of Bangladesh. History
After the liberation war, and the eventual independence of Bangladesh, the Government of Bangladesh reorganized the Dhaka branch of the State Bank of Pakistan as the central bank of the country, and named it
 Governor Dr. Atiur Rahman Atiur Rahman is a Bangladeshi economist and a former director of the state-owned Sonali Bank,[1] the largest in Bangladesh.[2] In 2001, he became Chairman of the Board of Directors of Janata Bank,[1] the second-largest in the country.  was present at the signing ceremony as the Chief Guest.

"More than 10,000 members of Bangladesh's defense forces are working at UN Peace keeping missions across the world, especially in counties such as Sudan, East Timur, Ivory Coast, Liberia, Congo, Chad & Samoa, it was not very easy for them to send money from these countries. Today after signing up with Western Union, we are confident of helping these defense personnel in sending their money back home through a fast, reliable & convenient way. We are extremely happy to launch Western Union service from all branches of Trust Bank as well as from 140 branches of our sub agent - Shakti Foundation" said Iqbal U Ahmed, Managing Director, Trust Bank while elaborating on the benefits of the new service.

Shakti Foundation's Executive Director, Ms. Humaira Islam added, it's the beginning of a new era for Shakti Foundation with the launch of Western Union Money Transfer service. We now add another essential element to our expanding bouquet of services to our customers, ensuring quick disbursement DISBURSEMENT. Literally, to take money out of a purse. Figuratively, to pay out money; to expend money; and sometimes it signifies to advance money.
     2.
 of remittance, thanks to one of the world's leading money transfer companies - Western Union and of course Trust Bank!"

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Publication:TendersInfo
Date:Aug 24, 2009
Words:367
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