Prime Bank Partners with Coracle GmbH

Date:

Post View:

Prime Bank Partners with Coracle GmbH

Prime Bank PLC. is pleased to announce a strategic partnership with Coracle GmbH, a trusted provider of blocked account services in Germany, to simplify and expedite the visa application process for Bangladeshi students pursuing higher education in Germany. Recently A signing ceremony was held at Bank’s Gulshan corporate office. Md. Nazeem A. Choudhury, Deputy Managing Director of Prime Bank PLC. and Sheikh Hafeez Maeen, Director and Country Representative (Bangladesh) of Coracle signed the agreement on behalf of their respective organizations. Asad bin Rashid, Head of Student Banking; Miah Mohammad Rabiul Hasan, Chief Bancassurance Officer; Nafis Uddin Mehran, Product Manager and Business Lead (Student Banking) of Prime Bank and other senior officials from both organizations were present at the ceremony. Through this partnership, Coracle GmbH will issue a Confirmation Certificate of fund receipt within the same day of transaction or shortest possible time to customers based on the SWIFT message provided by Prime Bank PLC. This certificate serves as a pre-requisite for the German visa interview and is typically issued only after the funds are credited to the student’s blocked account in Germany. This new strategic agreement would eliminate obstacles arising from corresponding or intermediary bank delays and offer students and other German visa seekers with faster and more reliable process

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

Money changers set dollar selling rate at tk 126.50

The Money Changers Association of Bangladesh (MCAB) has set...

‘Mini Upazila’ in Daudpur to reduce the suffering of marginalized people

Narayanganj Correspondent: No need to go to Rupganj Upazila...

LPP reaffirms long-term commitment to Bangladesh’s RMG sector

Poland-based global retail group LPP has reaffirmed its long-term...

ADP implementation below 1% in July

Implementation of Bangladesh’s Annual Development Programme (ADP) remained slow...