Banking/FinanceIndustry

Brac Bank and bKash to ensure seamless payment process

BRAC Bank Limited and bKash Limited have signed an agreement to ensure a faster and seamless payment process for their clients. bKash will use CORPnet, an online payment solution developed by BRAC Bank, to ensure its customers’ convenience in making payments. 

Using CORPnet, bKash will now execute their BEFTN, IFT and RTGS payments online. This will reduce manual intervention in such payment processes. 

CORPnet also marks an achievement for BRAC Bank towards its digital transformation journey.

Tareq Refat Ullah Khan, Head of Corporate Banking Division, BRAC Bank Limited and Moinuddin Mohammed Rahgir, Chief Financial Officer, bKash Limited signed the agreement at a ceremony at BRAC Bank’s head office in Dhaka’s Tejgaon district on Wednesday.

Sabbir Hossain, our DMD and Chief Operating Officer; Jabedul Alam, the Head of Trade Development and Cash Management; and M Mazedul Islam, Head of Legal and Company Secretary, and Ahamed Ashraf Sharif, Head of Treasury of bKash Limited were present in the event.

Source: Brac Bank Media Corner

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