Mercantile Bank Limited has inaugurated Automated Challan System (ACS) services, an initiative of Finance Ministry and Bangladesh Bank recently, said a press release.
Ahmed Jamal, deputy governor of Bangladesh Bank and Md. Quamrul Islam Chowdhury, managing director & CEO of Mercantile Bank formally inaugurated the service at MBL’s head office on July 7.
The release read, the service will allow to deposit VAT, Tax, government fees and other payments in fast and safe way. The system will also reduce the possibility of fraud. Under ACS, treasury invoice can be deposited through cash or cheque at any branches of the bank or online system.
Mati Ul Hasan, AMD, Adil Raihan, Shamim Ahmed, Hasne Alam and Md. Mahmood Alam Chowdhury, deputy managing directors and other senior officials of the Bank were also present during the inauguration.
