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Standard Bank launches "online govt invoice receipt service"

July 16, 2021 00:00:00


Khondoker Rashed Maqsood, Managing Director & CEO of Standard Bank Limited, inaugurated the online govt invoice receipt service as the chief guest at a function at the Principal Branch of the bank on Wednesday

Standard Bank Limited inaugurated the process of depositing treasury invoices on behalf of Bangladesh Government through automatic invoicing system, the bank said in a statement on Thursday.

Khondoker Rashed Maqsood, Managing Director & CEO of the bank, inaugurated the service as the chief guest at a function organized at the Principal Branch of the Bank on Wednesday.

Additional Managing Director of the Bank Md. Touhidul Alam Khan, Deputy Managing Director Mohammad Rafiqul Islam, Manager of SBL principal branch and executives and officers of various levels of the head office and branches were present on the occasion.

Managing Director Maqsood said, "Standard Bank has been contributing to the economy of the country for over 21 years by relentlessly providing modern banking services through innovative activities as per the needs of the customers".

The automated invoicing system is one of the major endeavours of receiving government money in scheduled banks through government software with the aim to bring government services to the doorsteps of the people, through which money will be deposited in the government treasury in a timely manner.


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