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Centralized Remittance Processing Unit (CRPU)
Social Islami Bank Limited established its Centralized Remittance Processing Unit on March 2008. The main purpose to establish this specialized unit was to encourage wage earner's remittance through banking channel and to facilitate the distribution of such remittance to the ultimate beneficiary throughout the country within shortest possible time.

SIBL understands the value of your precious time. That's why have made the payment procedure simple & easy. You have the privilege of enchasing the remitted money instantly from your branch counter without going through any hassle. That is to say, if you are an account holder of Social Islami Bank, we can instantly credit the money to your account or pay cash to the receiver.
Remittance Services of Social Islami Bank Limited:
We provide the following remittance services:
Direct account credit to our own Branches within 10 minutes after getting the payment instructions.
Account credit to any Bank any branch through EFTN (Electronic Fund Transfer Network) and
Cash payout over the counter of SIBL Branches, associated network & NGOs Cash Pick up Points through secret PIN number.
SIBL Branch and Remittance Distribution Network:
Social Islami Bank has country wide network in Bangladesh. It has wide network and ATM outlets throughout the country. We have also a strong Remittance Settlement/ Payout Network with different associate Banks & NGOs, which cover wide and remote locations throughout the country.
BEFTN (Bangladesh Electronic Fund Transfer Network) :
Our Bank also has arrangement for account credit at any branch of any bank in Bangladesh through Bangladesh Electronic Fund Transfer Network (BEFTN) which covers approximately 8500 bank branches of Bangladesh.
Besides, the bank could also use RSF(Rural Service Foundation) Bangladesh, a NGO licensed by micro-finance agency, having 500 branches across the country for payment of inward foreign remittances.(Presently we use 15 Branched of the organization and plan to cross 100 in the mid of 2016)
SIBL Remittance Sourcing:
We have an admirable Remittance tie-up with a number of world-renowned Exchange Houses and Banks throughoutthe World to facilitate the Remittance services to the beneficiaries in both as Instant Cash (payment over the counter) and Account credit. Other than the exchange houses of particular countries SIBL has extended its remittance arrangement with some globally reputed remittance companies like Western Union Money Transfer, Xpress Money Services, Placid NK Corporation USA, Transfast, Instant Cash etc.
Exchange Houses of SIBL
Orient Exchange-Hong Kong, Australia
NEC Money Transfer- Spain, Italy, Portugal
Money Gram- World Wide
Xpress Money- World Wide
Western Union- World Wide
Instant Cash-UAE, World Wide
Purshottam Kanji Exchange- Oman
Doha Exchange- Qatar
KMB Intl Money Transfer- UK
UAE Exchange Ltd- Malaysia
Transfast- World Wide
Xoom Corporation- USA
Zenj Exchange- Bahrain
Aussie Forex- Australia
Korea Exchange Bank- Korea
United Bank Ltd- UK
Small World Financial Services (LCC Trans-sending/Choice Money Transfer)-UK & Worldwide
Intel Express-Georgia
International Remittance-Singapore
Employee List:
SL No Name of the Employees Designation Email
01. Mr. Md. Nazmul Hossain SEO & Manager
02. Mr. Asif Karim Shabuj EO
03. Mrs. Maksoda Begum EO
04. Sazzad Hossain EO
05. Md. Maniruzzaman PO
06. Mr. Khalilur Rahman Khan SO
07. Mrs. Farhana Khan Officer
08. Mrs. Mariam Bente Rahman Munni JO
09. Mr. Md. Nazmul Islam AO
Contact Details:
IP Phone: 09612001122 Ext: 50620 & 50621
E-mail: ,
Head Office
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Centralized Remittance Processing Unit (CRPU)
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