Transcom Electronics set to receive payroll management through banking services from EBL.
Eastern Bank PLC (EBL) has signed an agreement to provide payroll banking services to employees of Transcom Electronics and Bangladesh Lamps. This partnership aims to offer a comprehensive payroll banking solution, including salary accounts, debit cards linked to these accounts, and other related financial services aimed at simplifying salary disbursement and management for the employees.
The signing ceremony took place at EBL's head office in Dhaka, with Mehadi Hasan Bin Ghani, Head of HR and Administration at Transcom Electronics, Khorshed Anowar, Deputy Managing Director and Head of Retail and SME Banking at Eastern Bank, Ruhul Amin, Chief Financial Officer of Bangladesh Lamps, and other senior officials from both organizations in attendance. Trisha Taklim, Head of Payroll Banking at EBL, was also present.
The partnership will enable employees to receive their salaries electronically in secure bank accounts, promoting convenience, transparency, and financial inclusion. The benefits for employees under this agreement include easier access to their salaries through bank accounts, the ability to use debit cards for transactions, and likely other digital banking facilities associated with payroll accounts, improving their overall financial management.
This arrangement reflects EBL's focus on expanding digital banking services and enhancing employee benefits in corporate payroll management. Under this agreement, employees will have access to a wide range of financial services, including salary accounts, debit and credit cards, personal loans, and digital banking through Skybanking and EBL Connect. The partnership aims to provide a rewarding banking experience to the employees of both companies.
No new information about the agreement's terms or conditions was provided.
[1] Convenience and Transparency in Salary Disbursement [2] Financial Inclusion through Electronic Banking [3] Improved Employee Financial Management [4] Eastern Bank's Focus on Digital Banking Services and Corporate Payroll Management
- This payroll banking partnership between Eastern Bank PLC (EBL) and Transcom Electronics and Bangladesh Lamps will lead to increased financial inclusion through electronic banking, offering employees convenience and transparency in salary disbursement.
- The collaboration between EBL and the companies represents Eastern Bank's commitment to expanding digital banking services and enhancing employee benefits in the industry, providing access to a wide range of financial services such as salary accounts, debit and credit cards, personal loans, and digital banking facilities.
