Prime Bank, Commercial Bank of Ceylon sign accord
Prime Bank Ltd and Commercial Bank of Ceylon Ltd (CBCL) have signed a correspondent banking agreement regarding collection and disbursement of cash and cheques on Monday in Dhaka.Under the accord, Prime Bank branches will encash Demand Drafts issued by CBCL branches and also issue Pay Order and TT. The deal will also facilitate CBCL clients to deposit cash or cheques through the branches of Prime Bank in Bangladesh. M Shahjahan Bhuiyan, managing director of Prime Bank, and S Renganathan, country manager of CBCL, signed the deal on behalf of their organisations, says a press release.
|
|
