BRAC Bank to provide cash management solutions to Walton Digi-Tech

BRAC Bank has partnered with Walton Digi-Tech, a leading electrical and electronics manufacturer in Bangladesh, to provide advanced cash management solutions.

The collaboration aims to streamline Walton's working capital and enhance financial operations, says a statement.

BRAC Bank will offer a customised digital payment solution that enables Walton to initiate transactions directly through its corporate internet banking platform, CORPnet. This removes the need for manual input through the CORPnet Maker module, reducing human error and ensuring secure, real-time data exchange.

Walton will also gain real-time account visibility, supporting quicker financial decisions, automated reconciliation, and improved operational turnaroundfrom processing transactions to product delivery.

The agreement was signed by AKM Faisal Halim, Head of Transaction Banking, BRAC Bank, and Md. Liakat Ali, Additional Managing Director, Walton Digi-Tech Industries Limited, at the Walton's Corporate Office recently.