Mercantile Bank launches service to deposit govt revenue

Mercantile Bank has recently inaugurated an "Automated Challan System" enabling depositing VAT, tax, government fees and other payments in a fast and safe manner and reducing the possibility of fraud under the direct supervision of the Ministry of Finance and Bangladesh Bank. 

Ahmed Jamal, deputy governor of Bangladesh Bank, and Md Quamrul Islam Chowdhury, managing director and CEO of Mercantile Bank, inaugurated the service at the latter's head office in Dhaka, says a press release.

Mercantile Bank Additional Managing Director Mati Ul Hasan and deputy managing directors Adil Raihan, Shamim Ahmed, Hasne Alam and Md Mahmood Alam Chowdhury were also present.