MoU Signing Ceremony among ONE Bank, CircleFinTech and Jamuna Bank
A tri-party agreement has recently been signed among ONE Bank Limited, Jamuna Bank Limited and Circle FinTech Limited. Under this agreement, OK Wallet, the Mobile Financial Services of ONE Bank Ltd., is going to be integrated with digital banking platform of Jamuna Bank Ltd. Redwan-ulKarim Ansari, Managing Director of Circle FinTech Limited, Gazi Yar Mohammed, EVP & Head of MFS & Agent Banking Division, ONE Bank Limited and Adnan Mahmud Ashraf-uz-Zaman, VP & Head of Card & Alternate Delivery Channel, Jamuna Bank Limited have signed the agreement on behalf of their respective organizations in a ceremony held at Circle’s head office.
With this recent agreement, Jamuna Bank Ltd. and ONE Bank Ltd. will be able to share their push-pull funds through Jamuna Bank’s digital banking platform “JustPay” and ONE Bank’s digital wallet “OK Wallet”. Circle is acting as an integration partner for API integration through “Connect™” platform. Customers of ONE Bank Ltd. and Jamuna Bank Ltd. will be able to transfer funds to each other and make purchases from Circle FinTech Limited’s enlisted merchants. During the ceremony, high officials of all three organizations were also present.