BRAC Bank partners with fintech QuiqSend to facilitate app-based remittance from Australia

BRAC Bank has signed a remittance agreement with Australian fintech company, QuiqSend, to provide convenient app-based remittance sending experience to wage earners in the country.

Techwest Pty Ltd (Trading as QuiqSend), a new money transfer startup, provides fast, reliable, and cost-effective money transfer services globally. Regulated by the Australian Transaction Reports and Analysis Centre (AUSTRAC), the company offers a secure and user-friendly platform for customers to send money to their loved ones in Bangladesh.

With seamless API integration, remittances from QuiqSend to BRAC Bank will now be fully automated, real-time, and secure. Through this partnership, Probashi Bangladeshis residing in Australia can now conveniently and safely send their hard-earned remittances to BRAC Bank accountholders, elevating their banking experience.

This partnership will add to the rapidly growing global remittance footprint of the bank to cater to Bangladeshi wage earners. This collaboration marks a significant step in expanding the bank’s international remittance footprint and supports its strategic vision for long-term growth in this domain.

Md. Shaheen Iqbal, Deputy Managing Director and Head of Treasury and Financial Institutions, BRAC Bank, and Md Abu Sufian, Founder & CEO of QuiqSend, signed the agreement at the bank’s Head Office in Dhaka on April 20, 2025.

Commenting on the remittance partnership, Md. Shaheen Iqbal said: “We are excited to partner with an Australian fintech company, QuiqSend, to bring a fully digital remittance experience to our valued expatriate Bangladeshis. By ensuring affordability, speed, convenience, and security, we aim to make remittance services more accessible to wage earners and impactful for the families back home. This partnership is another step forward in our pursuit to serve our customers better and help enhance international remittance inflows to our country.”

The bank’s digital channels aside, remittance beneficiaries can also pick up cash from BRAC Bank's 189 branches, 74 sub-branches, and 1,123 Agent Banking outlets.