Southeast Bank signs MoU with Gopaldi Nazrul Islam Babu College

Southeast Bank PLC has signed a Memorandum of Understanding (MOU) with Gopaldi Nazrul Islam Babu College of Narayanganj’s Araihazar to form a collaboration recently at the bank’s head office in Dhaka.

The bank signed the MoU for providing tuition fee collection services, payroll banking services, school banking and other banking services to streamline tuition fee collection through an innovative and efficient payment ecosystem, according to a press release.

The collaboration aims to enhance financial convenience for the institution, students, and guardians.

Nuruddin Md. Sadeque Hossain, Managing Director of Southeast Bank PLC; and Mohammad Morad Hossain Bhuiyan, Principal (Current Charge) of Gopaldi Nazrul Islam Babu College; exchanged the agreement on behalf of the respective organisations.

Under this agreement, Gopaldi Nazrul Islam Babu College will benefit from the bank’s extensive range of delivery channels for tuition fee collection.

Students can conveniently pay their tuition fees through internet banking, the bank’s mobile app, or over-the-counter services while enjoying the advantages of school banking facilities. Additionally, teachers and staff of both institutions will receive their salaries and other benefits seamlessly through the bank’s payroll banking services.

The agreement reflects Southeast Bank’s dedication to driving digital inclusion and supporting educational institutions through tailored banking solutions. This collaboration aligns with the Bank’s vision to empower communities by embracing technological advancements and financial innovation.

Abidur Rahman Chowdhury & Masum Uddin Khan, Deputy Managing Directors of Southeast Bank PLC, and other high officials of both organisations were also present at the ceremony.