Prime Bank PLC, a leading financial institution in Bangladesh, has recently signed an agreement with Dabur Bangladesh Private Ltd. to provide a comprehensive cash management solution.
Under this agreement, Dabur will avail PrimePay, the omni-digital channel of the bank, to initiate all types of domestic disbursements and will also utilize the bank’s countrywide branch network to manage their sales collection coupled with robust MIS reporting.
Sajid Rahman, senior executive vice president of Prime Bank PLC and Rakesh Hamirwasia, finance controller of Dabur Bangladesh Private Ltd exchanged the agreements on behalf of their respective organizations. Other senior officials of both organizations were also present at the signing ceremony.
PrimePay enables its clients to initiate all types of payments with ease, ensuring a high standard of security. This digital channel facilitates both electronic and paper-based payments from RTGS, BEFTN, intra-bank Fund Transfer, NPSB, and transfer to MFS wallet to the issuance of corporate cheques and Pay orders with a digital signature.
Corporate clients can also pay their duties, taxes and utility bills through PrimePay.
PrimePay allows its clients to authorize transactions seamlessly, resulting in a faster turnaround time, reduced costs and greater transparency.
This digital channel comes along with robust security features with two-factor authentication and ensures greater flexibility for the users to access the platform on the web anytime from anywhere.
