Prime Bank signs cash management deal with Healthcare Pharmaceuticals

Prime Bank PLC, a leading financial institution in Bangladesh, has recently signed an agreement with Healthcare Pharmaceuticals Ltd to provide comprehensive cash management solutions at the bank’s corporate office.

Healthcare Pharmaceuticals 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, according to a press release.

Sajid Rahman, Senior Executive Vice President of Prime Bank PLC, and Mr. Muhammad Halimuzzaman, CEO of Healthcare Pharmaceuticals Ltd, exchanged the agreements on behalf of their respective organisations. Other senior officials of both the organisations 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 omni digital channel facilitates both electronic and paper-based payments from RTGS, BEFTN, intra-bank Fund Transfer, NPSB, and transfers to MFS wallet to the issuance of corporate cheques and pay order with digital signatures. Corporate clients can also pay their duties, taxes and utility bills through PrimePay.

The press release says 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 2-factor authentication and ensures greater flexibility for the users to access the platform on the web anytime from anywhere.