IFIC launches special banking services for freelancers


IFIC Bank Ltd has launched a special service “IFIC Freelancer Service Package” for freelancers working in Bangladesh to bring their overseas earned income to their bank accounts quickly, securely and transparently and simultaneously provide them with all kinds of banking services.

The launching ceremony of the service package was held at IFIC Tower, Purana Paltan, Dhaka on Sunday, September 4th.

Chairman of IFIC Bank and Investment and Private Industry Advisor to Prime Minister Salman F Rahman, and Managing Director and CEO of IFIC Bank Shah A Sarwar, Chairman of Bangladesh Freelancer Development Society Dr Tanjiba Rahman, Managing Director of Bangladesh Hi- Tech Park Authority Dr Bikarna Kumar gosh; officials from IFIC Bank, representatives from Bangladesh Freelancer Development Society (BFDS), freelancers, various professionals and journalists attended the program.

Salman F Rahman, speaking as the main guest, said that today Bangladesh has become the “digital Bangladesh” thanks to the efforts of Prime Minister Sheikh Hasina and his ICT advisor Sajib Wazed Joy.

“When many first world countries were struggling during the Covid-19 pandemic, we survived because we were able to become a digital nation. Now is the time for us to become a smart Bangladesh, the 4th industrial revolution is upon about to happen. We need to be prepared for technologies such as artificial intelligence, advanced robotics, Internet of Things, machine learning, etc.,” he remarked.

The self-employed have an important role to play in this sector. Previously, there was no social recognition of the self-employed, said the president of the bank.

“I have been working towards this goal as instructed by the Prime Minister and with the support of the ICT Division and Minister of State Zunaid Ahmed Palak, I was able to introduce an identification system for freelancers. Today , the income history of freelancers will be created. Through this account, freelancers can improve themselves and improve the country by taking various banking facilities.”

Today’s freelancers are tomorrow’s entrepreneurs, to achieve this goal, IFIC Bank will always be at their side. In the future, thanks to the hard work of freelancers, it will be possible to derive the same amount of foreign revenue from the ICT sector as from the ready-to-wear sector, he added.

Bangladesh Freelancer Development Society (BFDS) President Tanjiba Rahman said, “About six and a half million freelancers are actively working in our country. Many of them often find it difficult to transfer their income earned abroad to their accounts in Bangladesh. will not have to face these challenges since IFIC Bank has launched the “IFIC Freelancer Service Package”.

Managing Director and CEO of IFIC Bank, Shah A Sarwar, said the main objective of the bank is to bring people from all classes of society into banking services.

“In this continuity, the journey of this IFIC Freelance Banking Package has begun. With over 1,200 IFIC Bank branches and sub-branches across the country, freelancers can easily avail this banking facility.

“Now they can bring earned income to their bank account quickly, easily and seamlessly and can also conduct cross-border e-commerce transactions for their business needs,” he added.

This IFIC banking package includes an Export Retention Quota (ERQ) account.

Freelancers will get Visa International Debit Card against US Dollar from this ERQ Account and IFIC Aamar Account, against which they will get IFIC Aamar Card – Visa International Cross Currency Debit Card.

One-stop banking services and dedicated service counters for freelancers will be available at more than 1,200 IFIC Bank branches and sub-branches across the country.

They will get the MFS transactions facility directly from their bank account.

They will get an attractive profit like FDR on the money deposited on a daily basis and can withdraw it at the end of the month.

With the IFIC Aamar card, anyone can withdraw cash from the ATM of any bank across the country without any fees.


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