BUSINESS

Cashless society is future

Prime Minister’s ICT Affairs Adviser Sajeeb Wazed Joy said that the next step of digital Bangladesh is building a cashless society to ensure transparency, accountability and mobility in financial transactions.

“The next dream of digital Bangladesh is to make a cashless society. The blaze service is a part of the cashless society,” he said while inaugurating the blaze service as the chief guest at a virtual function on Tuesday.

State Minister for ICT Zunaid Ahmed Palak and Bangladesh Bank Deputy Governor Jamal Ahmed joined the function as special guests while Chairman of the Sonali Bank Board of Directors Ziaul Hasan Siddiqui gave the concluding remarks.

CEO and Managing Director of the Sonali Bank Limited Md. Ataur Rahman Prodhan delivered the welcome speech.

The blaze service, a joint initiative of Sonali Bank, Homepay and ITCL, will reduce the tendency of sending money through ‘hundi’ and
will increase further the country’s foreign exchange reserves, official sources said.

Through the service, the hard earned money of expatriates from any part of the world will be able to send easily and safely within just five seconds in any time to the country through the blaze service. Sonali Bank Limited is the first in the banking sector of Bangladesh to introduce such activities. As a result, expatriates will be able to send their money easily and the beneficiaries will be able to withdraw the money from their own banks quickly, the sources added .

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