Dutch-Bangla Bank launched online system for Combating Money Laundering & Terrorist Financing

Dutch-Bangla Bank recently launched Online Sanction Screening System from “Accuity”. The system is designed to check customer information online and real-time basis whenever a customer comes for opening Core Banking, Mobile Banking and Agent Banking accounts or applies for a credit card. The system will also screen incoming NRB remittances and outgoing & incoming SWIFT messages related to Foreign Trade. This would help the Bank in combating Money Laundering and Terrorist Financing.

Mr. Sayem Ahmed, Chairman, Dutch-Bangla Bank inaugurated the system in a ceremony held on 21st October, 2015. Mr. K.S. Tabrez, Managing Director of DBBL, representative from Foreign Correspondent Banks, Remittance Houses and MasterCard were present in the occasion.