Dhaka, Bangladesh (BBN)- Dutch-Bangla Bank Limited (DBBL) and Pacific Bangladesh Telecom Limited, popularly known as Citycell, have signed two separate agreements for e Commerce and Mobile Banking operations on Monday.
Citycell Chief Operating Officer (COO) David Lee and DBBL Deputy Managing Director Abul Kashem Md Shirin signed the agreements on behalf of their respective organizations at Citycell head office in Dhaka.
Under the agreement, the bank will be able to serve the un banked people located at different rural areas of the country using Citycell's connectivity and agent network.
From now, customers at rural area will be able to open DBBL Mobile Account and deposit, and withdraw cash at any Citycell agent point anywhere in the country.
On the other hand, under the e Commerce agreement, any card holder (local or foreign) will be able to make payment against their purchase of products and services at an authorised e merchant of Citycell using DBBL's NEXUS Gateway and Citycell's web portal.
BBN/SI/ANS-23Nov10-10:04 am (BST)