Cash Management Agreement signed between City Bank and AamarPay
A cash management agreement has been signed between City Bank and AamarPay. Under this agreement, City Bank will facilitate online digital collection and AamarPay payments through Internet banking platform CityLive to customers.
A press release informed the matter that an agreement was signed recently at the bank's head office.
City Bank Additional Managing Director and Chief Business Officer Sheikh Mohammad Maruf and AamarPay Managing Director and Founder AM Ishtiaq Sarwar signed the agreement on behalf of their respective entities.
City Bank's EVP and Head of Corporate Cash Management Tahsin Haque, AamarPay Chief Operating Officer Abdul Muqtadir Azad and senior officials of both parties were present in the event.
AamarPay is an online payment gateway and fintech company providing payment gateway solutions to SMEs and other companies in the country.
