Midland Financial institution Plc and Seba Fintech Restricted have signed a Memorandum of Working out (MoU). The signing came about on Thursday (December 12) as the most important step to advance virtual banking and monetary inclusion.
In this instance, Deputy Managing Director Md. Zahid Hossain and Managing Director Ilmul Haque Sajib Seva Fintech Restricted signed the MoU on behalf in their respective organizations.
The partnership comes at a time when each establishments are experiencing greater call for for virtual monetary answers that allow everybody to undertake technology-based services and products on call for. Combining Midland Financial institution PLC’s recognition for banking services and products and Seva Fintech’s state-of-the-art fintech answers, the 2 establishments are poised to modify the panorama of virtual finance.
Primary goals of the MoU
• Account-to-Account Transfers: Push and Pull (Financial institution to Pockets, Pockets to Financial institution)
• Digital account tagging for provider traders
• Community connectivity for cost processing
• EMI Partnership Proposal
• Agent Banking Services and products: Agent banking services and products will probably be introduced to unravel money dealing with problems for provider traders and vendors, which can facilitate the money assortment procedure.
• Nano Loans and Virtual Nano Financial savings Answers
Md. was once additionally provide on the tournament. Nazmul Huda Sarkar, CTO, Md. Rashed Akhtar, Head of Retail Distribution Department, Md. Mohammad Hasibur Rahman, Head of Money Control MN together with senior executives and representatives of each organizations.
MIHS/JIM
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