Meghna Bank brings digital payment solution

Meghna Bank launched an end-to-end digital service titled "Meghna Access" for corporate payment solution and real time distributed cash collection solution.

Sohail RK Hussain, managing director of the bank, inaugurated the solutions at its head office in Dhaka recently, said a press release.

These solutions are useful for all scale corporate ventures and public sector bodies to collect and pay through the internet with confirmed data security.

Meghna Access will also provide its extended version of unique facilities through "Virtual Accounting Solution".

It eliminates the need to maintain multiple operating accounts for the segregation of funds by clients' business units or product specific.

Multiple Virtual Accounts can be created under a single operating account to segregate funds and easily identify payments and collection deals.

This unique solution will simplify the fund management and payment processing for all clients by bringing in greater visibility, transparency and control and real time customised reconciliation.