MoU inked between Southeast Bank and bKash

Southeast Bank PLC. has signed a Memorandumof Understanding (MoU) with bKash at the Bank's Head Office in Dhaka to provide24/7 cash management services to the distributors, agents and merchants ofbKash through linked Southeast Bank Accounts. This service is designed to helpbusinesses efficiently manage their cash flows by offering a convenient andsecure platform for handling financial transactions around the clock.

Nuruddin Md. Sadeque Hossain, Managing Directorof Southeast Bank PLC., and Kamal Quadir, Chief Executive Officer of bKashexchanged the agreement for their respective organizations.

Under this agreement, distributors, agents,and merchants of bKash who have accounts with Southeast Bank PLC. will be ableto perform Add Money and Transfer e-money in real-time by 24/7 cash managementservices. This is a digital transaction platform introduced by bKash by whichdistributors, agents and merchants of bKash can generate e-money to theirdigital wallet by transferring account balance from Southeast Bank Account andthey can also transfer the e-money from their digital wallet to Southeast BankAccount, instantly.

Abidur Rahman Chowdhury & Masum UddinKhan, Deputy Managing Director of Southeast Bank, Moinuddin Mohammed Rahgir,CFO of bKash Limited and other high officials of both the organizations werealso present at the ceremony.