BM Desk:

Southeast Bank PLC inked a Memorandum of Understanding (MOU) with Rupali Life Insurance Company Limited recently at the bank’s head office in Dhaka. The MOU covers a spectrum of services, including payment services, collection services, and various other banking services.

The agreement was formalized through an exchange between Nuruddin Sadeque Hossain, Managing Director of Southeast Bank PLC, and Golam Kibria, Managing Director and CEO of Rupali Life Insurance Company Limited.

As part of this collaboration, Rupali Life Insurance Company Limited gains access to services like vendor payments, insurance claim settlement, and fund transfers facilitated through the Corporate Payment Module System. Additionally, policyholders of Rupali Life Insurance Company Limited can conveniently deposit their premiums through Southeast Bank’s extensive array of delivery channels.

The signing ceremony was attended by Masum Uddin Khan, Deputy Managing Director of Southeast Bank PLC, along with other high-ranking officials from both organizations.