Dhaka, Feb. 18 -- Brac Bank has introduced digital Form C and e-documents platform for commercial inward remittance customers as a part of digital transformation agenda.

According to the bank, customers sending international remittances worth more than $ 20,000 can now fill out and submit Bangladesh Bank-prescribed Form C declaration electronically along with relevant documents if applicable as per the central bank guidelines. This will make remittance disbursement faster by leveraging digital technologies.

Freelancers, mariners and non-wage-remittance earning professionals, who usually send large-ticket remittances, will immensely benefit from this digitalization of remittance service.

Last year, Brac Bank launched FXPAY, an end-to-en...