Prime Bank to provide digital transactional solutions for stock traders

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Prime Bank to provide digital transactional solutions for stock traders

BM Desk

Prime Bank Limited and Prime Bank Securities Limited (PBSL) are pushing ahead with automated transactional banking solutions through their sophisticated omni-digital platform, PrimePay, which offers a cost-effective and time-efficient transactional service with greater transparency in the capital market.

In this regard, both companies signed an agreement recently. Under this coverage, Prime Bank Securities Limited (PBSL) will be able to honor their clients withdrawal requests on time, make an instant fund transfer to beneficiary accounts with Prime Bank, and initiate bulk disbursement for any service consumed.

Mr. Shams Abdullah Muhaimin, Deputy Managing Director of Prime Bank, and Md. Moniruzzaman, Managing Director and CEO of Prime Bank Securities Limited, signed and exchanged the agreement papers on behalf of their respective organizations. Other senior officials of both organizations were also present at the signing ceremony.

The comprehensive solution package is suitable for any brokerage firm to run their trading operations in a timely and appropriate manner with greater flexibility. The secured transactional channel will also ensure real-time email notification to both Prime Bank Securities Limited (PBSL) and its clients for any payments made after implementing this agreement.

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