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Standard Chartered Bank and PHP Family signs Corporate Payment Agreement

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24 June 2015, Dhaka: PHP Family has signed a Corporate Payment Agreement with Standard Chartered Bank recently. Under this agreement, PHP will avail Standard Chartered Bank’s state of the art ‘Onsite Cheque Printing’ solution to make payment through an end to end automated cheque issuance facility using ‘Straight2Bank’, the internet based platform of the Bank. PHP will also use EFT Network (BEFTN) for making payment electronically using the same platform. Under this fully automated arrangement, the cheque/payment processing time will be reduced significantly and will help PHP to increase efficiency.

 

Standard Chartered Bank, Bangladesh CEO Mr. Abrar A. Anwar and PHP Family Chairman Sufi Mohamed Mizanur Rahman signed the agreement on behalf of the respective organizations. Senior Officials from both the organizations were present at the signing ceremony which was held at Radisson Blu Chittagong Bay View Hotel on 28th May, 2015.

 

Caption: Standard Chartered Bank, Bangladesh CEO Mr. Abrar A. Anwar and PHP Family Chairman Sufi Mohamed Mizanur Rahman signed an agreement on behalf of the respective organizations recently. Under this agreement, PHP will avail Standard Chartered Bank’s state of the art ‘Onsite Cheque Printing’ solution to make payment through an end to end automated cheque issuance facility.

 

For further information, please contact:

 

Bitopi Das Chowdhury

Head of Corporate Affairs

Standard Chartered Bank

Telephone: 01817 143001

Email: [email protected]

 

Standard Chartered

We are a leading international banking group, with more than 90,000 employees and a 150-year history in some of the world’s most dynamic markets. We bank the people and companies driving investment, trade and the creation of wealth across Asia, Africa and the Middle East, where we earn around 90 per cent of our income and profits. Our heritage and values are expressed in our brand promise, Here for good.

Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges as well as the Bombay and National Stock Exchanges in India.

For more information please visit www.sc.com. Explore our insights and comment on our blog, BeyondBorders. Follow Standard Chartered on Twitter, LinkedIn and Facebook.

 

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