BRAC Saajan Exchange, a subsidiary of BRAC Bank, organized an event titled "Remittance and Investment Opportunities in Bangladesh" on June 26, 2024, at the New Bingley Hall in Birmingham, UK.

BRAC Saajan, a reliable, secure, and efficient money transfer service, is significantly boosting inward remittance in Bangladesh. BRAC Saajan's commitment to offering competitive exchange rates and low transfer fees makes it an attractive option for expatriates, further increasing the flow of remittances into the country.

The event saw the presence of several distinguished guests, including Meheriar M. Hasan, Chairperson of BRAC Bank and BRAC Saajan, Abdus Salam, Managing Director and CEO of BRAC Saajan, Selim R.F. Hussain, MD & CEO of BRAC Bank, M. Masud Rana FCA, DMD & CFO of BRAC Bank, H. E. Md Alimuzzaman, Assistant High Commissioner at the Bangladesh Assistant High Commission in Birmingham, UK, as well as local politicians and members of UKBCCI, BBCCI, and BCA.

Abdus Salam introduced the new Privilege Program for customers and agents among expatriate Bangladeshis in the UK. He highlighted BRAC Saajan's core values and its journey in providing fast and convenient money transfer solutions for individuals supporting their loved ones back home since 2008. He emphasized the importance of reliable remittance services for the Bangladeshi community and the unique value proposition BRAC Saajan offers its customers.

Selim R.F. Hussain introduced BRAC Bank's Offshore Banking Unit (OBU) product, 'Bondhon,' which offers a wide range of savings and investment opportunities with up to 8.59% interest. The product features tax-free benefits and flexible tenors ranging from 3 months to 5 years. He said: "Our commitment at BRAC Bank to increasing inward remittance is unwavering. We continuously strive to enhance our remittance services, ensuring they are secure and accessible for all Bangladeshis abroad. By partnering with leading global financial institutions and leveraging cutting-edge technology, we aim to make the process seamless, thereby supporting the financial well-being of families back home and contributing to the growth of our national economy."

During the event, BRAC Saajan presented a video honouring the life and work of Sir Fazle Hasan Abed, founder and chairperson of BRAC, one of the world's largest non-governmental organizations.
Following the presentation, Meheriar M. Hasan, Selim R.F. Hussain, and Abdus Salam presented awards to the top 15 performing BRAC Saajan agents and the highest remittance senders using the RemitNgo app.

BRAC Bank actively promotes inward remittance through legal channels by honing its digital capabilities. Aside from using the bank's digital channels, remittance beneficiaries can also pick up cash from BRAC Bank's 187 branches, 36 sub-branches, and 1,040 Agent Banking outlets.

On top of sending remittances, Bangladeshi migrants can also email to probashi@bracbank.com to avail of all sorts of banking services, e.g., opening Probashi accounts, NFCD accounts, OBU accounts, issuing FD and DPS (including Bondhon OBU FC FD), purchasing government NRB bonds etc. directly from the products team of BRAC Bank.