Prime Bank partners with Dabur Bangladesh for comprehensive cash management solution

Prime Bank PLC has recently signed an agreement with Dabur Bangladesh Private Ltd to provide a comprehensive cash management solution, according to a press statement Thursday.

Under this partnership, Dabur will utilise PrimePay, the bank’s omni-digital channel, for all types of domestic disbursements and manage sales collections across the country through the bank's extensive branch network, complemented by robust MIS reporting.

The agreement was exchanged between Sajid Rahman, Senior Executive Vice President of Prime Bank PLC, and Rakesh Hamirwasia, Finance Controller of Dabur Bangladesh Private Ltd, at a signing ceremony attended by senior officials from both organisations.

PrimePay enables clients to easily initiate various payments with high-security standards. The omni-digital channel supports both electronic and paper-based payments, including RTGS, BEFTN, intra-bank fund transfers, NPSB, and MFS wallet transfers, as well as corporate cheques and pay orders with digital signatures. Additionally, corporate clients can pay duties, taxes, and utility bills through PrimePay.

With features like 2-factor authentication, PrimePay ensures secure, seamless transactions, faster processing times, reduced costs, and increased transparency. The platform offers greater flexibility, allowing users to access it on the web from anywhere, anytime.