Prime Exchange Co. Pte. Ltd., Singapore signed a Remittance Arrangement Agreement with the State owned Sonali Bank Limited, Bangladesh on 4th March at the premises of the corporate office of Prime Bank Limited. The Managing Director of Prime Bank & Director of Prime Exchange Co. Md. Ehsan Khasru and the Deputy Managing Director of Sonali Bank Atiqur Rahman signed & exchanged the agreement on behalf of their respective organizations. This arrangement will facilitate the beneficiaries to collect remittance from any branch of Sonali Bank in Bangladesh sent from Singapore through Prime Exchange Co.

Prime Exchange Co. Pte. Ltd. is the first ever fully owned exchange company established in Singapore with the approval of Bangladesh Bank and the Monetary Authority of Singapore. Established in 2006, it has been providing excellent remittance services to the NRBs living and working in Singapore.

Present at the signing ceremony were Deputy Managing Director of Prime Bank Md. Golam Rabbani, SEVP & Head of International Division Habibur Rahman, SVP Hassanul Zahed, SVP & Head of Treasury Sk. Matiur Rahman, and SAVP Md. Abdul Quddus of Prime Bank, and the Deputy General Manager Rashid Ahmad and other senior officials of Sonali Bank Limited.