Bank & Insurance

Community Bank inks deal with BB on ACS

Published : 23 Sep 2021 09:05 PM

Community Bank Bangladesh Limited and Bangladesh Bank have signed an agreement to collect Treasury Challan through Automated Challan System (ACS) on Monday at Jahangir Alam Conference Hall, Bangladesh Bank. 

Masihul Huq Chowdhury, Managing Director & CEO of Community Bank and Forkan Hossain, General Manager, Bangladesh Bank signed the agreement on behalf of their respective organizations in presence of Ahmed Jamal, Deputy Governor of Bangladesh Bank as the chief guest. 

Among other senior officials of Bangladesh Bank Nurun Nahar, Executive Director was present in the signing ceremony. 

Under this agreement, soon all branches of Community Bank will be able to collect payments of various government fees and revenues in real-time and submit to the government treasury efficiently. 

This system will also enable real-time verification of Challans which will ensure authenticity of it as well as timely submission of revenues to government treasury.

During the event, Mohammad Abdul Qaium Khan, SEVP & Chief Information Technology Officer, Benozeer Ahmed, EVP &Chief Financial Officer, Shamsul Haque Sufyani, EVP & Head of Operations from Community Bank were present among the senior officials of the Bank.