Prime Bank and Dipon Sign Agreement on Biometric Smart Card

Prime Bank Limited and Dipon Consulting Services signed a commercial agreement to launch Biometric Smart Card Money Transfer Services at the head office premises of the Bank on 9th August, 2011. Managing Director of Prime Bank Limited M. Ehsanul Haque and Chief Executive Officer of Dipon Consultancy Services Rashed Mahmud signed the agreement on behalf of their respective organizations.

Deputy Managing Directors Isbahul Bar Chowdhury, Ahmed Kamal Khan Chowdhury and Md. Golam Rabbani, EVP and Head of IT Md. Iqbal Hossain and VP and Head of ADC Salahuddin Ahmed and VP and Head of Cards Md. AH Majumder of Prime Bank Limited, and COO of Dipon Consultancy Services Fakhrul Islam and other officials of both the organizations were present at the signing ceremony.

For the first time Bangladesh, this biometric smart card money transfer service is going to build the financial services infrastructure to increase the reach of financial services to the unbanked in urban and rural areas, powered by Prime Bank Limited in association with Dipon Consultancy Services DGe-pay Biometrics Smart Card technology.

This biometric smart card money transfer service will allow mass people to deposit, withdraw and transfer their money electronically through Prime Bank and DGe-pay authorized agents.