Dhaka Bank Limited (“DBL”) and Ria Money Transfer (“Ria”), a global leader in international money transfer and payment services, formally announced the launch of their new remittance payout service in Bangladesh on September 7, 2015. This partnership allows more Ria customers to send money to their families and friends in Bangladesh and provides greater convenience for beneficiaries, enabling quick cash payout on inbound money transfers. Dhaka Bank’s Managing Director Mr. Niaz Habib said “beneficiaries in Bangladesh will be able to withdraw the remittance, sent by their dear ones living abroad, from Dhaka Bank’s countrywide distributed 83 branches and 3 SME Service Centres immediately during the banking hours.” Mr. Habib also stated that beneficiaries will also be able to draw the same from its partner NGOs namely, Padakhep Manabik Unnayan Kendra having countrywide 233 branches and PAGE Development Centre having 83 branches in Comilla”. Ria’s President and CEO, Juan Bianchi, said that Ria is expanding its presence in Bangladesh and pleased to welcome Dhaka Bank as the newest partner in this important remittance receiving country. Ria strives to provide fast, secure and affordable money transfer services for people to send money home to their loved ones. By developing our network in South Asia through partners like Dhaka Bank, we’re able to reach more people. Mr. Sujoy Kanjilal, Director, South Asia attended the event to represent Ria. Among others, Mr. Deputy Managing Directors of the Dhaka Bank Mr. Emranul Huq, Mr. Khan Shahadat Hossain, Mr. Mohammad Abu Jafar, SEVP & Company Secretary of Dhaka Bank Mr. Arham Masudul Huq along with other senior officials of the Management were present.