Prime Bank PLC has recently signed a Payroll Banking Agreement with PalmPay, a global fintech company and digital banking platform, to provide comprehensive payroll banking services to its employees and partners.
The agreement was formally signed at a ceremony held at the corporate office of Prime Bank PLC.
Under this agreement, employees of PalmPay shall enjoy exclusive payroll banking facilities which includes salary accounts with competitive rates, dual-currency debit card with fee waiver and lifestyle benefits, consumer banking products & services on preferential terms to name a few.
They will also have access to PrimePay- the bank’s omni digital platform that enables seamless and automated salary disbursement along with convenient, round-the-clock corporate payment solutions.
Mamur Ahmed, senior executive vice president & head of distribution network of Prime Bank PLC, and Jun Zeng, managing director of PalmPay, signed the agreements on behalf of their respective organizations.
The signing ceremony was also attended by Mohammad Salauddin Hazari, senior executive vice president & head of commercial banking; Hasina Fardous, senior vice president & head of payroll banking; Md Al Amin, unit head of commercial banking, Fatema Afrin, senior relationship manager, commercial banking, Md Rezaul Karim, business development manager, payroll banking, Md Sohel Rana, relationship manager, payroll banking of Prime Bank PLC; Khandokar Tanveer Ahsan, manager- human resource of PalmPay, along with other officials from both organizations were also present on the occasion.