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Southeast Bank PLC signed a memorandum of understanding (MOU) with NEXUS Group recently for providing payroll baton card service, ATMs, & other banking services, according to a press release.
Under this agreement, Nexus Sweater Industries (PVT.) Ltd. employees will receive their salaries & wages directly through Southeast Bank’s payroll banking (Baton Card) service. This will ensure secure, timely, and hassle-free salary transactions while offering access to a wide range of banking facilities, including ATM cash withdrawals, point-of-sale (POS) transactions, e-commerce payments, and fund transfers.
Nuruddin Md. Sadeque Hossain, Managing Director of Southeast Bank PLC., and Dr. Rashid Ahmed Hossaini, Managing Director of Nexus Sweater Industries (PVT.) Ltd. exchanged the agreement for their respective organizations.
Nuruddin Md. Sadeque Hossain, Managing Director of Southeast Bank PLC., stated: “We are excited to collaborate with Nexus Sweater Industries (PVT.) Ltd., a distinguished organization in the textile industry. This partnership highlights our commitment to providing seamless banking solutions that enhance financial efficiency and employee satisfaction.
Abidur Rahman Chowdhury & Masum Uddin Khan, Deputy Managing Directors of Southeast Bank PLC., and other high officials of both organizations were also present at the ceremony.