Tech and Teen
  • Technology
  • Teen
  • Entertainment
  • Sports
  • Politics
  • Business
  • World
  • Multimedia
  • IT HOT
  • Blog
  • Technology
  • Business
  • Sports
  • Entertainments

Tech and Teen

  • Technology
  • Teen
  • Entertainment
  • Sports
  • Politics
  • Business
  • World
  • Multimedia
  • IT HOT
  • Blog

RTGS service almost to launched

by Tech Teen July 30, 2018
written by Tech Teen July 30, 2018
RTGS  service almost to  launched

RTGS is an advanced technology that ensure the interbank transaction faster and secure than ever and we happy that we are almost there to offer this service to our country soon expecting by October 8,2015 – said Mr. Subhankar saha, Executive Director , Bangladesh Bank while he was addressing the seminar as chief gust . The seminar was on” Real Time Gross Settlement “ jointly organized by CTO forum Bangladesh and Bangladesh Bank that held today May 30 at hotel Purbani, Dhaka.

The Seminar was moderated by Tapan kanti Sarkar, Prisident , CTO forum Bangladesh.The keynote speech was delivered by Mr. Khandakar Ali Kamran Al Zahid, Deputy Director Bangladesh Bank. A real time payment solution software was demonstrated by md. Sakhawatul Islam,General Manager, Software Development flora limited.

Mr. K.M. Abdul Wadood, General Manager PSD Bangladesh Bank & Mostafa Shamsul Islam, Managing Director, Flora Limited were also present at the seminar as special guest .

Banking service has been developed a lot to be with trend, and RTGS is the latest one of it. it is such a service to settle your transaction on one to one basis without bundling or netting with any other transaction. To introduce a new technology in transaction is a challenges specially when you have to maintain the liquid money instantly. But Problem need to be discussed, addressed and try to mitigate as it is the process to develop. So this discussion will contribute the community to address the problem…..added Mr. Saha.

RTGS infrastructure has almost done, Bangladesh Bank order the banks to do all the necessary infrastructure by June 30. ADB has been supporting this project financially – he also added

In his keynote speech Mr. Zahid describe how RTGS work and it will help the digital business providing a real time gross transaction. It enhance the B2B transaction along with the other general transaction.

At the seminar CTO forum Bangladesh president Mr. Tapan kanti Sarker said that It will enable instant settlement of high value local currency transactions as well as government securities and foreign currency based transactions. In RTGS or large-value funds transfer system, the transmission and processing of payment messages are typically automated or electronic, while settlement takes place in central bank funds As it offering the faster movements of fund and securities definitely it will enhance the business that contribute the GDP.

The panelist were discussed on the different advantage of the service along with challenges that need to mitigate to make the service a success. They also discussed the technical issues including software and securities. The number of technical officers from different financial institutes were participated the Q/A session along with the media.

The RTGS is an advance technology in digital banking which is a interbank electronic credit transfer system where transfer of fund and security take place from one bank to another on a real time and gross basis.

Among the others Mr Dr. Ijazul Hoque, Treasurer, CTO forum Bangladesh, Mr. S M Rezaul Karim, Deputy General Manager Payment System Department Bangladesh Bank Mr. S.M. Mainuddin Chowdhury, Deputy Managing Director, South East Bank Ltd , Mr Shah Alam Patwary, EVP and CIO, Mutual Trust Bank Ltd,. Mr. Md Rahat Uddin, Senior System Analyst Bangladesh Bank, Mr. Himadri Shekhar Sardar & Mr. Md. MashiUzzaman System Analyst Bangladesh Bank were participated the seminar as panel discussant.

0 comment
0
FacebookTwitterGoogle +PinterestLinkedinWhatsapp
previous post
Symphony launches E5 Smartphone at BDT 2690
next post
Deepika Padukone performs in Dhaka

related posts

New tech can turn any surface into touchpads

July 31, 2018

US bride-Bangladeshi groom through Facebook

August 1, 2018

Marcel unveils new brand logo

March 14, 2019

Sex blogger’s Facebook page demand Close

August 1, 2018

Carmudi offers 15000 Bangladeshi vehicles for android users

August 1, 2018

Walton exhibits at Germany’s Chillventa Fair

October 21, 2018

Robi Brings New Unlimited Offer

July 30, 2018

China on arrival visa available for Bangladeshis

November 22, 2018

Kaymu Presents “Ekusher Upohar”

July 30, 2018

Smart Software Night held at BICC

March 24, 2019

GDG Bangla to observe ‘Bangla Translation Month’

August 1, 2018

Baishakhi Offer – 10% Discount on “Troyee” Accounting...

July 30, 2018

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Recent Posts

  • Walton’s new model AC consumes Tk 2.88  per hour

    March 1, 2021
  • Stipend of PM’s Education AssistanceTrust disbursed through bKash for the Second Time

    February 28, 2021
  • COVID-19 closed many doors, but innovation offers a window of hope: Huawei’s Deputy Chairman

    February 27, 2021
  • Preparing for the summer right

    February 26, 2021

Popular Posts

  • 1

    Exchange any mobile with Motorola smartphone

  • 2

    Panel discussion organized by Daraz sheds lights on E-commerce ecosystem

  • 3

    Why Youths are More Attracted to Buy Motorcycles?

  • 4

    Cashback on bKash payment of academic fees

  • 5

    realme makes it to top 4 smartphone brands in Bangladesh

Archives

  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018

Mobiles

  • Exchange any mobile with Motorola smartphone

  • realme makes it to top 4 smartphone brands in Bangladesh

  • powerful & swift performance smartphone vivo Y51 price?

  • POCO M2 Pro announced with Snapdragon 720G and 33W fast charger in-box

  • POCO M2 Pro announced with Snapdragon 720G and 33W fast charger in-box

Popular Posts

  • 1

    Nagad sets daily account-opening record

  • 2

    Walton’s ‘Meet the Partners’ held in Cox’s Bazar

  • 3

    Easy bKash account opening for garment workers Government incentives distribution initiative

  • 4

    BAT Bangladesh appoints Sarzil Sarwar as the new Head of IDT

  • 5

    BTCL bill payment through bKash

About Us

 

Dhaka-1000, Bangladesh

Email : contact@techandteen.com

Phone :  +88 00 5555

Popular Posts

  • 1

    Exchange any mobile with Motorola smartphone

  • 2

    realme makes it to top 4 smartphone brands in Bangladesh

Follow us on Facebook

  • Facebook
  • Twitter
  • Google +
  • Instagram
  • Linkedin
  • Youtube
  • Technology
  • Teen
  • Business
  • Sports
  • Entertainments
  • Multimedia

@ 2018 - Tech and Teen. All Right Reserved.
Developed By: Unique Software Development Company, Amjhupi, Meherpur.