Dhaka Bank signs MoU with Dhaka South City Corporation

Dhaka Bank PLC recently signed a memorandum of understanding (MoU) with Dhaka South City Corporation (DSCC) for collecting holding tax and trade licence fees.

Sheikh Mohammad Maroof, managing director and CEO of the bank, and Md Mizanur Rahman, chief executive officer of DSCC, penned the deal at Nagar Bhaban in the capital, according to a press release.

With the collaboration, the bank will integrate with the city corporation to collect the fees and taxes through its branches and sub-branches. It will also establish 5 collection booths at Nagar Bhaban and in zonal offices of the city corporation through API connectivity with DSCC servers in the first stage.

In the later stage, the bank will enable the residents to pay fees and taxes online on a real-time basis from anywhere through the Dhaka Bank mobile app and Internet banking.

AMM Moyen Uddin, deputy managing director of the bank, Sheikh Abdul Bakir, deputy managing director, and Mosleh Saad Mahmud, head of liability and cash management unit, were present.

Bashirul Haque Bhuyan, secretary to the corporation, Md Moniruzzaman, chief revenue officer, and Md Abu Taiyeb Rokon, ICT chief, along with other senior officials of both the organisations, were also present.