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Modules of Payment
FOR BANGLADESH
PEC provides Account to Account transfer facility to any scheduled bank in Bangladesh, including Islamic Bank BD Ltd, in shortest possible time & with utmost efficiency. PEC provides Ready Cash/ Instant cash facilities through Prime Bank Ltd, Sonali Bank Ltd, Janata Bank Ltd, Pubali Bank Ltd & Buro Bangladesh.
Instant Cash
Instant cash means beneficiary receive money instantly sending by the remitters alternately known as “Pay Now – Receive Now”. Prime Bank Ltd provides Instant Cash service subject to office hours. Without having any account in Prime Bank Limited, beneficiary can draw the money instantly from the Bank counter just by providing a secret number and acceptable photo ID. Through Prime Bank Limited, we make cash payment within minutes.
READY CASH/SPOT CASH:
Without having any account, beneficiary can draw the money from Sonali Bank Ltd, Janata Bank Ltd, Pubali Bank Ltd or BURO Bangladesh counters just by providing secret number and valid photo ID. Payment can be made on the same day in case of Sonali Bank & Janata Bank, Pubali Bank subject to processing hours. BURO Bangladesh beneficiaries shall receive cash on the following day of issuance of remittance receipt.
ACCOUNT CREDIT to Sonali Bank, Janata Bank & Pubali bank:
Remitters can remit money through Prime Exchange to Prime Bank beneficiary accounts within the day subject to office time & processing hour. Prime Exchange also can arrange account credit to Sonali Bank, Janata Bank or Pubali Bank beneficiary accounts on the same day subject to working days.
THIRD BANK ACCOUNT CREDIT
PEC can credit to any beneficiary account in any bank in Bangladesh (including Islami Bank Bangladesh Ltd, Dutch Bangla Bank Ltd, Brac Bank Ltd, etc) through BEFTN (Bangladesh Electronic Fund Transfer Network). Required time for such transfer depends on working days, online status of the bank, distance from city or town, etc.
FC ACCOUNT CREDIT (Prime Bank and Third Banks)
Prime Exchange also remits US Dollar to the customer's FC account in Prime Bank Limited or any other scheduled bank in Bangladesh.
For India
PEC only provides Account to Account transfer to India.
HDFC & ICICI Bank Account Credit (Any Branch)
PEC may credit Account transfer to HDFC bank & ICICI bank Account transfer within hours (subject to office hours and holidays).
Any Scheduled Bank Account (Except HDFC & ICICI Bank)
PEC sends remittances to any bank account of any scheduled bank in India within the same day subject to office hour and holidays.
FOR PHILIPPINES
Cash Pick-up:
Prime Exchange provides Cash Pick-up facilities from any of the branches of Cebuana (up to PHP 30,000/-), Mlhullier (up to PHP 50,000/-) and BDO bank (any amount) outlets, etc within an hour (subject to holidays & banking hours).
BDO Bank Account Credit (Any Branch)
PEC may credit Account transfer to BDO bank within hours (subject to office hours and holidays).
Any Scheduled Bank Account (Except BDO Bank)
PEC may send remittances to any bank account of any scheduled bank in Philippines on next working day.
OUR BRANCHES
Main Branch
2A Desker Road, (2nd floor)
Singapore 209549
Tel : (+65) 6392 4996,
(+65) 6392 4829
Fax : (+65) 6392 4838
Jurong East Branch
Block: 134
Jurong Gateway Road, #01-305
Singapore 600134
Phone: (65) 68994647
Fax: (65) 65617559
Joo Koon Branch
55 Benoi Road, #01-14,
Joo Koon Bus Interchange
(Opposite KFC)
Phone: (65) 62520058
Fax: (65) 62525383
© Copyright 2012 Prime Exchange Co. Pte Ltd.
Fully owned subsidiary of Prime Bank Limited, Bangladesh
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