Business Desk :
Xpress Money, one of the global money transfer brand, has successfully completed its 10 years of service in Bangladesh.
Since its inception in 2003, the remittance service provider is playing a very important role in the Bangladesh remittance industry, with a share of around 10 percent in the organized market.
In the decade, Xpress Money as a brand expanded its footprint in 64 districts and across all the Union Parisad levels in Bangladesh by collaborating with 32 leading banks, NGOs, financial institutions and cellular service providers.
The brand has increased its presence by over 600 percent since its launch and currently has a strong network of over 11,500 agent locations across the country.
Talking about the milestone, Shamim Iftakhar, Country Manager – Bangladesh, Xpress Money said, “Xpress Money’s ten-year success story reflects our idea of facilitating migrants to send remittances legally, in a simple, fast and safe way by providing attractive exchange rates.”
