BRAC Bank partners with Transcom Group
BRAC Bank PLC has formed a strategic partnership with Transcom Distribution Company Limited and Transcom Consumer Products Ltd., subsidiaries of the esteemed Transcom Group, to deliver comprehensive cash management services tailored to enhance their financial operations.
This partnership enables Transcom companies to leverage BRAC Bank’s extensive transaction banking capabilities, including streamlined collection, payment, and reconciliation solutions. With access to BRAC Bank’s vast distribution network—comprising 187 branches, 59 sub-branches, and 1,115 Agent Banking Outlets across Bangladesh—Transcom can efficiently manage receivables beyond standard banking hours, including holidays. Additionally, Transcom companies will utilize CORPnet, BRAC Bank’s internet banking platform, for 24...