IFIC Bank organises off-shore banking, remittance road show in UK

IFIC Bank PLC hosted "IFIC Offshore Banking and Remittance Road Show UK-2024" on Saturday (9 March) in Oldham, Manchester.

The event was aimed at highlighting recently passed ‘Offshore Banking Act 2024’, and boosting remittance inflows to Bangladesh through legitimate banking channels, said a press release.

During the event, IFIC Bank's Managing Director and Chief Executive, Shah A Sarwar, explained the benefits of the offshore banking facilities recently initiated by Bangladesh Bank. He urged the expatriates to invest in offshore banking products to ensure high returns against their hard-earned money.

Mr Sarwar also encouraged the expatriates to send remittances to Bangladesh via IFIC Money Transfer (UK) Limited, a fully owned subsidiary of IFIC Bank PLC.

A R M Nazmus Sakib, chairman of IFIC Money Transfer (UK) Limited and director of IFIC Bank, highlighted the bank's extensive network which allows IFIC Bank to bring its products and services to the doorsteps of the people across Bangladesh.