Mutual Trust Bank, Spectrum enter into agreement
Thursday, 27 August 2009
FE Report
Mutual Trust Bank Ltd (MTBL) has signed an agreement with Spectrum Engineering Consortium Ltd for implementation of BACH (Bangladesh Automated Clearing House) programme. The signing was held at a simple ceremony at the MTB Corporate Head Office in the city recently, said a press release.
Under the agreement, SPECTRUM will supply and install MICR (Magnetic Ink Character Recognition) cheque processing software and hardware, which will scan the MICR cheque and exchange data with PBM (Presenting Bank Module) of Bangladesh Bank for automated clearing programme.
MTB Deputy Managing Director (DMD) Md Hashem Chowdhury and Managing Director (MD) of SPECTRUM Forkan Bin Quashem signed the agreement on behalf of their respective organisations.
Among others, MTB Senior Vice President Swapan Kumar Biswas, Vice President of MTB ICT Division Shah Alam Patwary and other officials from both the organisations were present on the occasion.
Mutual Trust Bank Ltd (MTBL) has signed an agreement with Spectrum Engineering Consortium Ltd for implementation of BACH (Bangladesh Automated Clearing House) programme. The signing was held at a simple ceremony at the MTB Corporate Head Office in the city recently, said a press release.
Under the agreement, SPECTRUM will supply and install MICR (Magnetic Ink Character Recognition) cheque processing software and hardware, which will scan the MICR cheque and exchange data with PBM (Presenting Bank Module) of Bangladesh Bank for automated clearing programme.
MTB Deputy Managing Director (DMD) Md Hashem Chowdhury and Managing Director (MD) of SPECTRUM Forkan Bin Quashem signed the agreement on behalf of their respective organisations.
Among others, MTB Senior Vice President Swapan Kumar Biswas, Vice President of MTB ICT Division Shah Alam Patwary and other officials from both the organisations were present on the occasion.