Bangladesh Development Bank PLC. and NEC Money Transfer Limited signed an  agreement on Monday, August 10, 2026, in the board room of the bank’s head office.  Md. Jashim Uddin, Managing Director of the bank, and Ikram Farazy, Chairman of NEC Money Transfer Limited, signed the agreement on behalf of their respective organizations. Parveen Akter, Deputy Managing Director of the bank, Director of NEC Money Transfer Mahela Ishat Farazy along with senior executives from both organizations, were present at the event. Expatriates will now be able to send money to their families directly through this state-owned bank in an easier and faster way.