Remittances – the transfer of funds between individuals – represent an increasingly momentous flow of capital to the developing world. According to the World Bank, Bangladesh hold place in top recipients of officially recorded remittances for 2013 and it will increase onward. NBL Money Transfer Pte Ltd serves its customer with utmost care. It has become a trusted money transfer organization among the Bangladesh Expatriates working and living in Singapore. Since many people who receive remittances live in rural areas have limited access to financial services, NBL Money Transfer Pte Ltd has opened its nearest pay-out point for receiving remittance by arranging its paying agent with different reputed Private Banks and Non-government organizations. At present, NBL has been carrying on business through its own total 171 service locations (Branches and SME branches) and with 06(Six) leading Private Banks and NGO.
NBL is rendering Money Service Business to its customers by using e-remittance system ‘NBL Quick Pay’ – a real time web based remittance software, developed by the in-house professionals of National Bank Ltd, Bangladesh and its quality policy is in compliant with the international standard ISO 27001:2013. NBL Currently offering two modes of Remittance Services: Ready Cash and Account Credit.
At the start, the Sender of money which is the Remitter goes to his bank account and submits the request for payment into the receiver’s (Remittee) account. For remittance the basic and mandatory information required by the Remitter bank of Remittee are: Bank Account number, Remitee’s Name and Address, Bank Branch details and Nationality of Bank.
NBL is the founder of launching its Ready Cash service .Alternatively known as Instant Cash/Spot Cash. Beneficiary can get instantly his remittance from our located agents within office hour producing our 11(eleven) Digit NBL Quick Pay number with valid photo identity.
Account Credit Using it e-remittance software NBL ensures the same day credit to its clients. Besides this facility, NBL Money Transfer ensures the next day credit facility by its entire paying agent in Bangladesh: Islami Bank Bangladesh Limited, Sonali Bank Limited, Janata Bank Limited, Pubali Bank Limited, Uttara Bank Limited and all other Bank using BEFTN.