Dhaka, Oct. 14 -- Eastern Bank PLC (EBL) has entered into a strategic collaboration with Mastercard to leverage its Transaction Services platform, aiming to enhance and streamline cross-border remittance capabilities to Bangladesh.

According to a press release, this association will enhance the speed, security, and convenience of money transfers for Non-Resident Bangladeshis (NRBs), reinforcing the two entities' commitment to financial inclusion and supporting the growth of Bangladesh's international financial ecosystem.

Ali Reza Iftekhar, Managing Director of EBL, said, "At EBL, we believe in building bridges between Bangladesh and the global community. This collaboration with Mastercard introduces a new benchmark for efficiency and tr...