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Digital Wallet Corporation Launches New Partnership with Mutual Trust Bank Limited


Tokyo, Japan — Digital Wallet Corporation (DWC), developer of Smiles Mobile Remittance (Smiles), the 2021 Good Design Award winner and mobile international money transfer service in Japan, confirmed its partnership with Mutual Trust Bank Limited (MTB), known as one of the best performing banks in Bangladesh, to expand its remittance service to Bangladesh customers in Japan.

DWC and MTB together will provide a remittance platform that is fast and convenient for thousands of Bangladeshi in Japan. The Bangladesh community across Japan can now take advantage of Smiles.

Smiles will allow customers to send money for cash pickup to a total of 112 MTB branches situated in 36 districts in Bangladesh and credit to bank accounts in any Bangladesh bank.

“I have a lot of confidence in our partnership with MTB,” says Eiji Miyakawa, Founder and CEO of DWC, “and I’m hopeful that our combined accomplishments and expertise will make a positive impact on more lives throughout the globe.”

The latest partnership with MTB in Bangladesh is an addition to DWC’s existing alliances with well-known banks in Asia such as Asia United Bank, Sacombank-SBR, Agribank, and Bank Rakyat Indonesia. DWC sees there’s a growing need for an advanced remittance service, as Bangladesh showed an 18.4% increase from 2019 to 2020 in remittances even during the height of the COVID-19 pandemic.

With more Asian communities in Japan looking for an affordable and reliable solution to send their hard-earned money back to their home country and their loved ones, DWC strives to put power into the hands of more users to send money anytime and anywhere in minutes.

“It’s an exciting opportunity, and we are looking forward [to a] fruitful journey ahead,” said Sirajum Monira, Associate in Partner Acquisition & Affiliation Management of MTB.

About Mutual Trust Bank Limited

Mutual Trust Bank Limited was incorporated as a Public Limited Company in 1999, under the Companies Act 1994. It aspires to be the most admired financial institution in the country, recognized as a dynamic, innovative and client-focused company that offers an array of products and services in the search for excellence and to create an impressive economic value. In 2015, the bank became one of two local partners of Life Insurance Corporation of India in Bangladesh. The Daily Star 15th Bangladesh Business Awards described the bank as “one of the best-run banks in Bangladesh”.

Mutual Trust Bank Limited: https://mutualtrustbank.com/

About Digital Wallet Corporation

Digital Wallet was established in 2014 by former Sony designers and engineers who created mobile wallet technology. Eventually, the company had visions to excel in and provide B2B application services as well as remittance services. In 2017, Digital Wallet combined the powers of Artificial Intelligence (AI) and Financial Technology (FinTech) and used their expertise to carefully craft and develop a premium financial service that’s accessible to everyone known as “Smiles”. Since Smiles’ launch, Digital Wallet has made partnerships with major, well-known banks in the Philippines, Vietnam, Indonesia and Nepal and has been gaining strong communities of customers mainly in East Asia. As a result, Smiles has become the No.1 mobile remittance service in Japan. For more information, please visit the following links:

Digital Wallet Corporation: https://digitalwallet.co.jp/

Smiles Mobile Remittance: https://smileswallet.com/

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