Trust Bank, TerraPay launch payment solution for BD students overseas

Trust Bank PLC, a leading private commercial bank, has partnered with global money movement company TerraPay to introduce first-of-its-kind digital payment solution for Bangladeshi students pursuing education abroad.

This innovative platform provides a secure, fast, and hassle-free alternative to traditional payment systems, enabling students and their families to pay tuition fees and manage living expenses with ease, says a statement.

Leveraging TerraPay's global infrastructure, the solution ensures seamless cross-border transactions to major study destinations, including the USA, the UK, Canada, Australia, Germany, and South Korea.

Ahsan Zaman Chowdhury, Managing Director of Trust Bank, said, "This partnership makes international payments easier and more efficient for students."

Ani Sane, Co-Founder & Chief Business Officer of TerraPay, added, "We're excited to offer Bangladeshi students a secure and seamless way to pay for education abroad."

This partnership aligns with Bangladesh's evolving regulatory framework for student-related transactions, providing a digital-first approach to international banking solutions.