The France-based remittance provider Tempo Money Transfer and one of the leading Bangladeshi financial institutions, Uttara Bank Limited have successfully completed joint collaboration project.
This enables clients to receive the money sent from the TMT’s locations in France and Germany, in Uttara bank’s branches in Bangladesh.
Currently, Uttara Bank Limited operates through 223 online branches spreading over the urban and rural areas with potential business places of Bangladesh.
Clients can use not only cash-to-cash option but account-crediting also. The set of services includes SMS-notifications and notifications over the phone to beneficiary.
Both parties believe that the joint project has great prospect.
The Managing Director and CEO of Uttara Bank Limited, Mr. Shaikh Abdul Aziz said that the demand for quality remittance services is on the rise in Bangladesh and the 50+ year old Uttara Bank Limited has already created a distinct and reliable position among the clients for its quality remittance service in particular.
“A lot of Bangladesh nationals are living in Europe, particularly in France. The amount they send to their friends and families in Bangladesh is growing from year to year.
That is why we trust that the project is going to be beneficial to both parties.”
Tempo Money Transfer operates over 70 locations in Germany and France.
The president for the Paris-headquartered company Mr. Jeffrey Phaneuf said that Bangladesh has been one of the most attractive markets in Asia.
He added that the company is currently carrying out very active development in the region.
Mr. Phaneuf reported that recently Tempo Money Transfer successfully finalized projects and launched transfers to Pakistan, Sri Lanka, Nepal as well as the Philippines.
Tempo Money Transfer’s services are now available in over 10,000 locations in Asia.
“This year, we plan to keep increasing the rates of our international development, reaching new operational and financial heights.”