Placid Express Introduces Industry First Instant Real Time Bank Deposits to Bangladesh

Placid Express Introduces Industry’s First Instant Deposit Service to Banks in Bangladesh


NEW YORK, June 18, 2015 (GLOBE NEWSWIRE) -- Placid NK Corporation D/BA Placid Express, a licensed money transmitter headquartered in New York, is pleased to introduce the first ever instant bank deposit service to both Islami Bank Bangladesh Ltd and BRAC Bank Ltd. accounts. Money Transfer consumers can now safely and conveniently send money to Bangladesh directly to their recipient’s bank account instantly / in real time via Placid Express’ website, www.placid.net

“Our long standing direct partnership with both Islami Bank Bangladesh Ltd. and BRAC Bank Ltd. allowed us to cooperatively leverage cutting edge technologies to introduce this ground breaking instant deposit service to Bangladesh,” said Ahsan Choudhury, Director IT & Product Development. Consumers are now able to send money to Bangladesh and utilize this revolutionary instant bank deposit service to Bangladesh by simply logging on to Placid Express’ website www.placid.net to complete the money transfer.

In addition to the newly introduced cutting-edge instant deposit service to Bangladesh, Placid Express provides fast direct money transfer services to any bank account in Bangladesh through its partnership arrangement with 22 banks including Janata Bank, National Bank, Pubali Bank, Prime Bank, Rupali Bank, Dutch-Bangla Bank, NCCBL Ltd, Uttara Bank, Trust Bank, The City Bank, One Bank, Mercantile Bank, Bank Asia, IFIC Bank Ltd, Jamuna Bank Ltd, SIBL and many more! Its famed Tier 1 Cash Pickup service, spotCash! allows money transfer recipients to collect funds from any participating bank and thousands of NGO locations in Bangladesh. Placid Express also enables customers to send money to India, Philippines, Nepal, Indonesia, Pakistan, Latin & South America and Europe.

Consumers send money online 24/7 at its website www.placid.net or in person by visiting an agent.

About Placid Express

Founded in 1996 by Dr. Kamal U. Ahmed and Mohammed H. Rashid, Placid Express was formed on the simple premise that sending money home should be easy, affordable and safe. Since inception, Placid Express has transmitted billions of dollars and formed agreements with a multitude of reputed banks and financial institutions around the world. Money Transfers can be originated with Placid Express from many of the top MSAs of USA, Canada, Italy and Malaysia for disbursement in many countries of Latin & South America, Africa, South & South East Asia and Europe. The company is headquartered in Long Island, NY.


            

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