Hundreds of Bangladeshi expatriates are engaged in
a variety of professions in Singapore. Most of them have to remit
money to their families as well as their kith and kin in Bangladesh.
Only a meager amount of their remittance used to reach Bangladesh
through banking channels before our Exchange House started operation
on the 24th of August, 2002. Many illiterate and gullible
Bangladeshi guest workers fell prey to 'Hoondi' syndicates
(unauthorized/unscrupulous intermediaries). 'Hoondi' vendors, in the
name of remitting money to Bangladesh through non-banking channels
under various tricky ploys, fleeced many Bangladeshi brothers and
left them bereft of their hard earned savings.
Instructed by the Government of the People's
Republic of Bangladesh Agrani Bank opened the Exchange House to help
Bangladeshi professionals and guest workers in Singapore remit their
money to any Branch of any Bank in Bangladesh within the shortest
possible time. There has been overwhelming response from Bangladeshi
expatriates as well as other remitters in Singapore immediately
after its opening. Our Exchange House remains open till late in the
evening every day.
Besides remitting money any Bangladeshi Wage Earner
staying in Singapore can also open NFCD Account and FC Account and
purchase Wage Earners' Bonds through assistance from our Agrani
Exchange House.
Agrani Exchange House Pte. Ltd. Singapore
5 A Lembu
Road
Singapore-208445
Tel: (0065)2959730,2959731
Fax:
(0065) 2950595
