StanChart launches Swadeshi Banking for NRBs

Staff Correspondent | Published: 00:00, Apr 21,2019 | Updated: 23:54, Apr 20,2019

 
 

Standard Chartered Bank chief executive officer Naser Ezaz Bijoy speaks at a press briefing organised by the bank at the Pan Pacific Sonargaon Hotel in Dhaka on Saturday. SCB retail banking head Sabbir Ahmed and brand and marketing corporate affair head Bitopi Das Chowdhury were also present. — New Age photo

Standard Chartered Bank has launched Swadeshi Banking, a one-stop suit of banking solutions for the non-resident Bangladeshis, providing a number of facilities including fund transfers, investment in bonds and properties in the country, and monitoring accounts while abroad.
The bank launched the suit to attract more funds from the NRBs through easy and convenient banking system, SCB officials said at a press briefing organised by the bank at the Pan Pacific Sonargaon Hotel in Dhaka on Saturday.
Standard Chartered Bank chief executive officer Naser Ezaz Bijoy said, ‘The swadeshi banking suit provides NRB clients easy banking solutions for sending funds through wire-transfers, investing through remittances, accessing foreign currency accounts abroad and meeting payment obligations at home.’
‘With our global banking networks and correspondent banking, clients can remit funds conveniently to their accounts in Bangladesh,’ he said.
The NRBs can enjoy tax-free returns by investing in the government savings bonds and can invest in USD investment bond, USD premium bond and wage earner’s development bond, he said.
The NRBs can purchase a home in Bangladesh with NRB home loan, with easy financing solutions, the CEO claimed.
SCB retail banking head Sabbir Ahmed said that the NRBs could log in their accounts from anywhere to check balances and transactions.
They can transfer funds to any account in Bangladesh from NRX account through online banking, he said.
‘The suit also offers the bank’s NRB priority banking client exclusive access to Standard Chartered priority centres across the world, along with a whole range of priority benefits and privileges globally,’ he said.

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