EBL partners with Daytona for faster remittance service

Eastern Bank PLC (EBL) has signed a remittance service agreement with Daytona Capital Management Limited (Daytona) for Money Transfer Service of Hello Paisa, a globally prominent remittance brand of Daytona, incorporated in the UK.

Moosa Manjra, CEO, Daytona Capital Management Limited, and Ali Reza Iftekhar, Managing Director and CEO, EBL, signed the agreement on behalf of their respective organisations at the EBL Head Office in Gulshan on Monday, according to a media release.

Fazlul Fayez Ullah, Country Head, Bangladesh, attended the signing on behalf of Daytona.

EBL's partnership with Daytona aims to boost the efficiency and accessibility of remittance services for expatriate Bangladeshis across the globe, including in South Africa, UK, GCC countries.

Hello Paisa has earned widespread popularity among Non-Resident Bangladeshis (NRBs) for its consistent remittance facilitation, the release says.

With a focus on technological innovation and customer-centric services, Hello Paisa has emerged as a trusted service partner for the Bangladeshi diaspora.

Mehdi Zaman, DMD and Head of Treasury FIs and Offshore Banking; Mohammad Mamunur Rashid, Head of International Business; Chowdhury Bahar Wadud, Head of Remittance Business; Md. Jahangir Alam, Senior Relationship Manager of Business Development and Remittance; and other officials from EBL were present at the signing ceremony, the release adds.