Southeast Bank signs MoU with Everbright Sweater

Southeast Bank PLC has recently signed a Memorandum of Understanding (MOU) with Everbright Sweater Ltd for providing payroll banking, ATM and other banking services.

Nuruddin Md Sadeque Hossain, managing director of Southeast Bank, and Tawfiq Quadir, chairman of Everbright Sweater, exchanged the agreement on behalf of their respective organisations, according to a media release.

Under this agreement, staff and executives of Everbright Sweater, will receive their salaries and other benefits through a specially customised VISA/Master card.

Cardholders will also have access to cash withdrawals from ATMs, point of sale transactions, e-commerce transactions, fund transfers, and the option to add funds to mobile financial service providers.

High officials of both organisations were also present at the ceremony.