BRAC Bank and Bangladesh Freelancer Development Society (BFDS) have joined to ensure smooth banking services for the freelancers of the country.
BRAC Bank and BFDS, the forum that facilitates works and ventures of the freelancer community, signed a memorandum of understanding (MoU).
The partnership followed BRAC Bank’s launch of the country’s first ever Freelancer Account a week earlier aiming at widening the opportunities for the professionals of the promising economy.
Dr. Tanjiba Rahman, Chairman, Jashim Uddin Joy, Senior Vice Chairman, Mahfuzur Rahman, General Secretary of BFDS; and Md. Mahiul Islam, Head of Retail Banking, BRAC Bank, signed the MoU at the bank’s Head Office in the capital on Tuesday (December 7) in presence of Selim R. F. Hussain, Managing Director and CEO of BRAC Bank.
Sarah Anam, Head of Deposits & NFB, BRAC Bank, and senior officials of the two organizations were presentat the MOU signing ceremony. Officials from Visa, the global leader in digital payments, were also present.
At thesigning ceremony, Selim R. F. Hussain, Managing Director and CEO, BRAC Bank, handed over the first batch of Freelancer Matrix Visa Debit Cards to freelancers who are members of BFDS.
Talking about the strategic partnership, Selim R. F. Hussain, said, “We believe in the potentiality of the freelancers and the capacity the freelancing industry holds. That’s why we have joined with BFDS so that the freelancers can avail banking services without any hassle and turn their passion into successful venture.”
“This is an important venture for us as we want to play an active role in turning Bangladesh a global hub for freelancing and contribute significantly to enhance foreign exchange earnings. We will continue to explore new ways to cater to the needs of the freelancers,” he continued.
Earlier on November 30, 2021, BRAC Bank launched ERQ account solution titled ‘BRAC Bank Freelancer Matrix Account’. It provides convenience for receiving foreign currency income and smooth day-to-day transaction as well.
More than 650,000 freelancing professionals would enjoy hassle-free banking. At present they get an international Visa debit card that is widely accepted, for BRAC Bank Freelancer Matrix account that allow them to flawlessly receive their remittance earnings in US Dollar and easily convert it into local currency (BDT) with a linked transactional account.
They will be able to conduct cross border e-commerce, POS & ATM transactions for business purposes such as cloud based solutions and domain hosting. This account comes bundled with exclusive benefits of the Visa International Debit Card.
