Marico Bangladesh Limited and Standard Chartered Bangladesh have signed an online customs duty payment agreement recently.
Under this agreement, Marico Bangladesh Limited will be able to execute their duty payments against their imports through Standard Chartered’s online platform Straight2Bank (S2B) Next Gen. The first live duty payment transaction via S2B Next Gen was executed during the event.
Mr. Ashish Goupal, Managing Director, Marico Bangladesh Limited and Mr. Apurva Jain, Head of Transaction Banking, Standard Chartered Bangladesh signed the agreement on behalf of their respective organizations.
S2B Next Gen offers the ability to make import duty payments to customs houses directly on a near real time basis, thus saving significant time and minimizing manual processes for the Bank’s clients.