SOUTHEAST BANK SIGNS MOU WITH NEXUS GROUP

SOUTHEAST BANK SIGNS MOU WITH NEXUS GROUP
Southeast Bank signed a Memorandum of Understanding (MOU) with NEXUS Group to provide Payroll Baton Card Service, ATM facilities and other banking services. Nuruddin Md. Sadeque Hossain, managing director of Southeast Bank, and Dr. Rashid Ahmed Hossaini, managing director of Nexus Sweater Industries (PVT.) Ltd., exchanged the deal recently. Under the MOU, employees of the company will receive their salaries and wages directly through the bank's Payroll Banking (Baton Card) Service. This initiative will ensure secure, timely and hassle-free salary transactions while providing employees with access to a wide range of banking facilities, including ATM cash withdrawals, point-of-sale (POS) transactions, e-commerce payments and fund transfers.