Introduction

 

National Credit and Commerce Bank Limited is very happy to announce to have joined hands with MoneyGram Payment Systems Inc to serve expatriates to send money back home quickly from anywhere in the word. Moreover, money can also be sent quickly through MoneyGram from Bangladesh to other parts of the World as is done through the banking channel. At the moment we are concentrating on home remittances being sent by the expatriates.

MoneyGram Payment system Inc is a non-back provider of electronic money transfer service. MoneyGram is providing its customers a service of an unsurpassed quality and superior value. MoneyGram has over 25,000 Agent locations throughout the world. Persons anywhere require transferring cash quickly, reliably, conveniently and at attractive prices to more than 115 countries can depend MoneyGram agents for the service.

 

History

 

MoneyGram, Originally a money-transfer service of American Express Company provides the expertise and reliability you expect from years of experience in the payment system industry. American Express Travel related service company launched a new consumer money-transfer service named MoneyGram in 1988. Until December 11, 1996 MoneyGram was a wholly- owned subsidiary of First Data Corporation. In 1996 MoneyGram was taken public and listed on the New York stock exchange. MoneyGram is now a part of Travelers Express Company, the US’s largest money order company through a merger in end 1998. In March 1998 MoneyGram became fully licensed to provide money transfer service under its own name.

 

 

Our Mission

In our continuous commitment to serve the country’s economy in a better way we have made agreement with MoneyGram Payment Services Company to facilitate transfer flo money from abroad. The best benefit of the service can be derived by our expatriates who are living in many countries of the world.

 

The major problem being faced by our expatriated in many countries in not having bank accounts. Many banks do not entertain customers for remitting money without having accounts. A big part of our expatriates’ income are channeled through clandestine means. Moreover many of our expatriates cannot get acquainted with banking formalities immediately on reaching abroad. It is not necessary to have a bank account to use Money Gram Service. Our expatriates can visit any Money Gram agent when they want to send money, which gives very easy and convenient transfer,

 

Money Gram is represented in over 115 countries and is available at more then 25,000 locations worldwide. In the USA alone Money Gram is available at more than 15,000 locations. Besides in the UK MoneyGram is available through 1700 Postal Branches and 500 Thomas Cook travel shops making it the UK’s largest money transfer network.

 

Finally using the MoneyGram Service could not be more simple. All one has to do is to visit a conveniently situated MoneyGram agent anywhere in the world and hand over the money they want to send their relatives or friends along with the one-off transacting fee.

• Sender completes a “Send” form and gets a Receipt. MoneyGram Agent gives a Ref. No. which has to be passed to the Receiver.

• Recipient the goes to NCC Bank Branch in Bangladesh. Fills out a “Receive” form and show proper identification.

• NCC Bank makers an inquiry on the MoneyGram computer network to obtain authorization to pay Recipient and Recipient receives the fund.

 

MoneyGram is one of the fastest way to transfer money. Customers using MoneyGram can send or receive money usually within 10 minutes from anywhere in the world.

 

At NCC Bank we provide the Recipients immediate attention ad due care. We have made it a point to pay the Recipient within minutes. The Recipients need not require having a bank account. We do not levy any extra charge. We give a better exchange rate to the Recipient. The Recipient can approach any for the NCC Bank branches at his convenience for payment.