Prime Bank PLC and bKash Limited have signed a strategic partnership agreement to enhance the efficiency of bKash’s transactional operations through a comprehensive digital cash management service, according to a press release. The partnership will provide a 24×7, automated system that allows bKash’s distributors and agents to transfer funds between their bKash channel accounts and special bank accounts, facilitating the creation and redemption of bKash e-money.
The agreement, signed on August 4, 2025, at Prime Bank’s Head Office, will enable uninterrupted service throughout the year, including weekends and holidays. This will be accomplished through an API-based validation process, ensuring seamless financial transactions. Additionally, bKash will utilize PrimePay, Prime Bank’s omni-digital platform, to handle all domestic disbursements via host-to-host connectivity.
Faisal Rahman, Additional Managing Director of Prime Bank PLC, and Moinuddin Mohammed Rahgir, Chief Financial Officer of bKash, signed the agreement on behalf of their respective organizations. The ceremony was attended by senior officials from both Prime Bank and bKash, including Sajid Rahman, SEVP & Area Head-Dhaka, Corporate & Institutional Banking of Prime Bank, and Ali Ahmmed, Chief Commercial Officer of bKash.
This partnership marks a significant step towards improving the operational efficiency and digital finance capabilities of both companies in Bangladesh.