Brac Bank and Bangladesh Freelancer Development Society (BFDS) have teamed up to ensure easy and smooth banking services for the freelancers of the country.

The bank and BFDS, the forum that facilitates works and ventures of the freelancer community, signed a memorandum of understanding, a collaboration that reflects strong commitment of the two organisations to the promising freelancing industry. 

The partnership followed Brac Bank's launch of the country's first ever Freelancer Account a week earlier aiming at widening the opportunities for the professionals of the promising gig economy. 

Tanjiba Rahman, chairman of BFDS; Jashim Uddin Joy, senior vice chairman; Mahfuzur Rahman, general secretary; attended the MoU signing ceremony at the bank's head office in Dhaka on December 7 along with Brac Bank's Md Mahiul Islam, head of retail banking; Selim RF Hussain, managing director and CEO; Sarah Anam, head of deposits and NFB, and officials from Visa, the global leader in digital payments.

At the ceremony, the Brac Bank CEO handed over the first batch of Freelancer Matrix Visa Debit Cards to freelancers who are members of BFDS.

"We believe in the talent and potential the freelancers possess and the promise the freelancing industry holds," the Brac Bank CEO said.

"That's why we have partnered with BFDS so that the freelancers can avail banking services easily without any hassle and turn their passion into successful venture."

"This is an important partnership for us as we want to play an active role in making Bangladesh a global hub for freelancing and contribute significantly to boost foreign exchange earnings. We will continue to explore new ways to cater to the evolving needs of the freelancers," he continued. 

Earlier on November 30 this year, Brac Bank launched ERQ account solution styled 'Brac Bank Freelancer Matrix Account'. It provides big convenience for receiving foreign currency income and smooth day-to-day transaction as well.

The proposition came as much delight to more than 650,000 freelancing professionals who would enjoy hassle-free banking experience. They now get an international Visa debit card that is widely accepted, for Brac Bank Freelancer Matrix account which allow them to seamlessly receive their remittance earnings in US Dollar and easily convert it into local currency (BDT) with a linked transactional account. 

They will be able to conduct cross border eCommerce, POS & ATM transactions for business purposes such as cloud based solutions, domain hosting etc. This account comes bundled with exclusive benefits of the Visa International Debit Card.