Islami Bank Bangladesh PLC clients will get Tk1 lakh cash by digital draw every banking day for sending remittances through Western Union, and one mega winner will get Tk3 lakh, which includes round-trip air tickets.
Each winner will receive the money through a co-branded card. This offer will continue from February 6 to March 6, 2024, according to a press release.
Mohammed Monirul Moula, Managing Director and CEO of the Bank inaugurated the Islami Bank-Western Union special remittance marketing campaign as chief guest on Monday through a ceremony at Islami Bank Tower in Dhaka's Motijheel.
Prem Sugunesh, Senior Manager, Development, at South Asia-Western Union, addressed the programme as a guest of honour. Muhammad Qaisar Ali and JQM Habibullah, FCS, Additional Managing Directors, addressed the programme as special guests.
Islami Bank has been playing an important role in collecting remittances since its inception, said its MD and CEO.
The bank has set a new milestone by collecting foreign remittances worth $700 million in January 2024, enjoying around 35 percent market share, he said.
Bangladesh ranks seventh in the global remittance market. Around 13 million people in the country are contributing to these remittances by working in different countries around the world, said the release.
The MD said Islami Bank has agreements with 155 remittance service providers in different countries. Expatriates can remit their hard-earned money fast and safely through these remittance houses at a low cost.
A dedicated team of skilled and trained manpower from the bank is working tirelessly round the clock to provide service to expatriates and their relatives in the country, the IBBL MD said.