BRAC Bank became the first bank in the country to launch FXPAY, an end-to-end commercial remittance application. It was launched on March 23, 2023. The system is designed to provide accessible, fast, and secure remittance services to institutional customers, focusing on customer convenience and business growth. Selim R. F. Hussain, Managing Director & CEO, and other bank officials were present during the launch ceremony at the bank’s head office in Dhaka, according to a media release.