Citibank Offers Bill Collection Services In Bangladesh

Dhaka, Bangladesh (AHN) - Citibank, N.A. Bangladesh and Dhaka Electric Supply Authority (DESA) signed a Memorandum of Understanding on Wednesday to provide online bill collection services.

Under the arrangement, customers of the state-run DESA will be able to receive their bills at the CitiConnect website and make online payments through Citi's payment gateway.

Rafiul Alam, Secretary of DESA and Khondoker Rashed Maqsood, Director and Head of Global Transaction Services, Citi group Bangladesh signed the agreement on behalf of their respective organizations, a Citibank statement said.

Brigadier General M Nazrul Hasan, Chairman of DESA, Ivo Distelbrink, Managing Director and Regional Sales Head for Treasury and Trade Solutions for Citi Global Transaction Services and senior officials from both the organizations were present.

"The introduction of a faster and more convenient collection system will give us a great competitive advantage. CitiConnect will allow our customers not only better manage their time and efficiency, but also enable them to streamline their bill collection, reporting and accounting processes," said Brigadier General Nazrul Hasan.

Speaking on the occasion, Ivo Distelbrink said, "CitiConnect is widely used by our clients in Asia specially the government institutions to collect taxes, customs duties and utility payments from their customers".