DE Online Desk:
Southeast Bank PLC. has signed a Memorandum of Understanding (MoU) with bKash at the Bank’s Head Office in Dhaka to provide 24/7 cash management services to the distributors, agents and merchants of bKash through linked Southeast Bank Accounts.
This service is designed to help businesses efficiently manage their cash flows by offering a convenient and secure platform for handling financial transactions around the clock, says a press release.
Nuruddin Md. Sadeque Hossain, Managing Director of Southeast Bank PLC., and Kamal Quadir, Chief Executive Officer of bKash exchanged the agreement for their respective organizations.
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Under this agreement, distributors, agents, and merchants of bKash who have accounts with Southeast Bank PLC. will be able to perform Add Money and Transfer e-money in real-time by 24/7 cash management services.
This is a digital transaction platform introduced by bKash by which distributors, agents and merchants of bKash can generate e-money to their digital wallet by transferring account balance from Southeast Bank Account and they can also transfer the e-money from their digital wallet to Southeast Bank Account, instantly.
Abidur Rahman Chowdhury & Masum Uddin Khan, Deputy Managing Director of Southeast Bank, Moinuddin Mohammed Rahgir, CFO of bKash Limited and other high officials of both the organizations were also present at the ceremony.
