Economic Reporter :MoneyGram, a leading global money transferring company on Wednesday announced its partnership with Sonali Bank Limited, the largest state-owned bank of the country with 1207 branches, according to a press release. The new agreement increases MoneyGram’s network in Bangladesh to more than 6000+ convenient locations, from which MoneyGram customers can choose their convenient agents. This is critical as it increases the choices for its consumers that need to pick up money send by their families and friends who are working abroad. “MoneyGram is committed to making its services easy and convenient for all of its customers in Bangladesh and the thousands of expatriates that remit money back home,” says Sheshagiri Malliah, MoneyGram’s Regional Director, South Asia.”By working with Sonali Bank Limited, one of the leading banks in Bangladesh our customers will have more choices about when and where to collect MoneyGram transfers further establishing are commitment in growing our presence in the 8th largest remittance receiving country in the world” Malliah added.Speaking on the occasion, Abu Bakar Md Noman – DGM Sonali Bank Limited said “We are excited to partner with MoneyGram one of the largest money transfer companies in the world with a strong brand presence in Bangladesh and serving the diaspora around the globe” we are sure that this partnership will enhance the money transfer services in Bangladesh and give better service to the customer base. The agreement increases MoneyGram’s network in Bangladesh by about 1207 locations, making it more accessible for customers and further strengthening the position of MoneyGram which is already dominant at some of the major Bangladesh remittances corridors.
