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Corporate Banking Units » International Division

In order to facilitate your Foreign Exchange (FX), Foreign Trade and Other Foreign Currency (FCY) Business and Transactions, we maintain Correspondent Banking Relationship with number of banks at home and abroad. Standard Settlement Instructions (SSI) including Drawing and Telegraphic Transfer (TT) arrangements have been established in all major currencies. Business lines have been established with International Finance Corporation (IFC) and Asian Development Bank (ADB), along with other Global Correspondents.

We have a very special arrangement with Commerzbank, Frankfurt, Germany where third bank charges in different countries have been fixed. Swiss Frank (CHF) business arrangements have been established with Zurcher Kantonalbank (ZKB), Switzerland for multi area supports including Foreign Exchange (FX), Fund Trasfer (FTT), Documentary Credit, Nostro Transactions, Trade Settlements, Confirmation, Guarantee, remittances etc.

New Foreign Demand Draft (FDD) drawing and Foreign Telegraphic Transfer (FTT) arrangements have been established with JP Morgan Chase Bank NA, London for GBP and with JP Morgan AG, Germany for Euro. With due processing with Bangladesh Bank and Saudi Arabian Monetary Agency (SAMA), an unique arrangement has been established with National Commercial Bank (NCB), Saudi Arabia for Hajj Remittance, Umrah Guarantee, FX Business etc. in Saudi Arabian Riyal (SAR). With our continuous efforts to provide efficient and prompt services to our valued clients, we have received award of recognition from International Finance Corporation (IFC), World Bank Group as the "Most Active GTFP Issuing Bank is South Asia

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