Meghna Bank Launches Visa Direct for Account, a First in Bangladesh

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Meghna Bank Launches Visa Direct for Account, a First in Bangladesh

Meghna Bank PLC has become the first bank in Bangladesh to launch Visa Direct for Account (VDA), a fast, secure, and cost-effective digital payment solution for near real-time outward remittances. Introduced in partnership with Visa, the global leader in money movement, the service enables customers to send money abroad for all Bangladesh Bank-approved purposes, including Person-to-Person (P2P) and Consumer-to-Business (C2B) transactions.

The service was commercially launched in December 2025, and Meghna Bank is currently using the platform to facilitate eligible outward remittances.

To mark the milestone, an event was held in Dhaka on January 19, 2026. Mr. Md. Zakir Hossain Chowdhury, Deputy Governor of Bangladesh Bank, attended the event as the Chief Guest, while Mr. Sabbir Ahmed, Country Manager, Visa – Bangladesh, Nepal & Bhutan, was present as the Special Guest. The programme was hosted by Syed Mizanur Rahman, Managing Director of Meghna Bank PLC, along with senior officials of the bank.

Speaking at the event, Mr. Zakir Hossain Chowdhury said that the introduction of Visa Direct for Account is aligned with Bangladesh Bank’s vision of promoting secure, transparent, and technology-driven cross-border payment solutions. He noted that such innovations would enhance efficiency, reduce transaction costs, and support the country’s growing demand for digital financial services.

Sabbir Ahmed, Country Manager for Bangladesh, Nepal & Bhutan at Visa further added: “Visa is proud to partner with Meghna Bank PLC to launch Visa Direct for Account, a first-of-its-kind solution in Bangladesh. This innovative service empowers customers to send money abroad quickly, securely, and cost-effectively, supporting the country’s vision for seamless digital payments.”

Syed Mizanur Rahman stated that ‘’being the first bank to implement Visa Direct for Account reflects Meghna Bank’s commitment to innovation and customer-centric banking’’.

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