HSBC, M&J bring API-driven trade solution to Bangladesh

The Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh has signed an agreement with M&J Group to implement an Application Programming Interface (API) integration for trade transactions, marking a milestone in the digitalisation of international trade operations in Bangladesh.

The integration will enable real-time connectivity between M&J Group’s internal systems and HSBC’s trade platform, streamlining end-to-end processes, reducing manual intervention, enhancing transparency and cutting turnaround times from hours to seconds.

Salahuddin Ahmed, managing director of M&J Group, and Ahmad Rabiul Hasan, country head for global trade solutions at HSBC Bangladesh, signed the agreement at HSBC’s management office in Dhaka recently, according to a press release.

Commenting on the partnership, Ahmed said, “We are proud to partner with HSBC Bangladesh on this pioneering initiative. This integration aligns with our vision of leveraging technology to drive operational excellence and strengthen our global trade capabilities.”

Hasan said, “This partnership reflects our continued commitment to supporting our clients with cutting-edge digital solutions. The API integration will not only simplify trade processes but also set new benchmarks for efficiency and innovation in Bangladesh’s trade landscape.”

Senior representatives from both organisations attended the event, highlighting the growing importance of digitalisation in trade ecosystems.

Mohit Agarwal, head of global trade solutions for South Asia at HSBC, and Maheer Daiyan Ahmed, director of M&J Group, along with other senior officials from both organisations, were also present.