Prime Bank Limited
Warning against illegal forex trading/dealing | Disclosure on Risk Based Capital (Basel II & III)
Disclosure on Green Banking
COVID-19: Central Quick Response Team | Report on unclaimed fund deposited to Bangladesh Bank
Earnings Disclosure FY I 2019
Home Prime Bank Schedule of Charges Prime Bank Interest Rates Prime Bank AML/KYC Info Prime Bank Complaint Cell
» Foreign Remittance Services » Account Facilities for NRBs
» Bank's Overseas Network » Exchange Houses
» Correspondent Bank Accounts
    for Wire Transfer
» Remittance and Fund Transfer
» Rules for opening and operating FC accounts
» USD Premium Bond » USD Investment Bond
» Wage Earners Development Bond
Foreign Remittance Services
Prime Bank has set the highest priority to mobilize inward foreign remittance of Non-Resident Bangladeshi Nationals (NRB) living and working in different parts of the world. Our remittance service is Easy, Fast and Secured.
 Remittance Products for NRBs
01.
Instant Cash Remittance: Beneficiaries can receive instant cash remittance from the Branches of Prime Bank and from the branches of BURO Bangladesh and UDDIPAN.
02.
TT Remittance: Payment instructions received through tested e-mail/secured internet system by NRB Operation unit under Cash Management Operation, Operations Division, Head Office, execute payment instructions, credit the same to the beneficiaries account maintained with Prime Bank Branches and also execute third banks payment.
03.
Web-based remittance: Web-based payments executed from all our branches and from BURO Bangladesh branches & UDDIPAN branches
 Major Strengths of Prime Bank Foreign Remittance Service
a. Remittance Distribution Network
Prime Bank’s existing network of 146 locations throughout the country
Under a sub-representative agreement with Prime Bank, 750 branch locations of BURO Bangladesh and 310 branches of UDDIPAN are making instant cash payment of remittances to the beneficiaries
Strong agency arrangement with Sonali Bank Limited, Janata Bank Limited, Islami Bank Bangladesh Limited & Pubali Bank Limited for distribution of foreign remittance of PBL Subsidiaries
b. Remittance Processing Strength
Real time online connectivity with all the Branches of Prime Bank through Core Banking Software allowing instant account-to-account credit, over the counter cash payment of Instant cash remittances & credit of proceeds of foreign TTs to customer accounts.
Batch processing of payment orders for third bank credit within the same clearing zone
Dedicated NRB Operation unit under Cash Management Operation, Operations Division at Head Office for faster processing of remittances claims and complaints. Automation has increased the efficiency of NRB Operation Unit and reduced the lead-time.
c. Alternative Delivery Channel
With our wide ATM network infrastructure and switching system, we have access to 1200 shared network of other banks spread over the country. Recently, initiative has been taken to install POS to supplement the existing alternative delivery channel, which is expected to be in service within a short period.
d. Speedy Delivery of Remittance
Prime Bank ensures faster delivery of foreign remittance as per the following turn-around time:
Prime Bank’s customer (more than 146 branches): Instant A/C credit
BURO Bangladesh (750 outlets): Same working day
UDDIPAN (310 outlets): Same working day
Third Bank’s customer: Following day
e. International Banking Relationship
Prime Bank has established a good correspondent banking network throughout the world.
At present, the Bank has correspondent relationship with 650 branches of 309 banks located in 73 countries.
Prime Bank maintains 36 NOSTRO accounts in 9 different currencies with 25 banks to facilitate payments and receipts in foreign currencies.
f. Strength in Sourcing Inward Remittance
Prime Bank has a wholly owned subsidiary in Singapore for handling remittances of non-resident Bangladeshis living in Singapore and other nationals.
Prime Bank has a wholly owned subsidiary in UK (3 branches in London, Birmingham and Manchester)
Drawing arrangement with 33 exchange companies & banks of around the globe for sourcing inward foreign remittance
Marketing representatives in overseas locations for sourcing remittance, account opening and cross selling of NRB products
g. Dedicated contact point for Government Incentive on Wage Remittance
Contact Person: Mr. Md. Iftekhar Hossain, FAVP, CCC, Operation Division, Head Office.
Mobile # 01711988869 Email ID # cashincentive@primebank.com.bd
 Contact Details
01.
For NRB Banking- Remittance Business Development & Drawing Arrangement
NAHIDA SULTANA
SAVP & Head of Remittance
International Division
Simpletree Anarkali (Level-7)
89 Gulshan Avenue, Dhaka - 1212
Ph: +88 (2) 55068681 +88 (2) 55068721 (Ext 787)
Mob. +88 01714007892
E-mail: nahida.sultana@primebank.com.bd
02. For International Banking
HASSANUL ZAHED
EVP- Head of International Banking
Prime Bank Limited
Simpletree Anarkali (Level-7)
89 Gulshan Avenue, Dhaka - 1212
Phone: +88 (2) 55068680
Cell: + 8801713069925
E-mail: zahed@primebank.com.bd
 Alternative Delivery Channel
Prime Bank Debit Card
Internet Banking : ALTITUDE
SMS Banking
 Products & Services
Consumer Banking
Wholesale Banking
Islamic Banking
MSME Banking
NRB Banking
Offshore Banking
Treasury
 Career
HR Vision & Message
HR Principles
Instructions
Selection Process
Available Jobs
Acknowledgement
 About Prime Bank
About Prime Bank
Vision, Mission, Corporate
Philosophy
Corporate Milestones
Corporate Social Responsibilities
Awards & Achievements
 Corporate Governance
Board of Directors
Executive Committee
Audit Committee
Board Risk Management Committee
Management
Organogram
 Our Subsidiaries
Prime Bank Investment Limited
Prime Bank Securities Limited
Prime Exchange Co. Pte Ltd.
PBL Exchange (UK) Limited
PBL Finance (Hong Kong) Limited
Prime Bank Foundation
Branches Prime Bank SME Branches Prime Bank ATM Locations Prime Bank Deposit Calculator Prime Bank Exchange Rates Prime Bank InFocus Prime Bank Downloads Prime Bank Special Notice Prime Bank Tender Prime Bank News