Standard Chartered Bangladesh recently signed an agreement with Berger Paints Bangladesh Limited (Berger Paints) to automate Berger Paint’s local payments.
The Host-to-Host solution (H2H) will enable Berger Paints to process domestic payments directly from their Enterprise Resource Planning (ERP) system – without any manual intervention.
Standard Chartered was the first bank in Bangladesh to pioneer the implementation of Host-to-Host integration to digitise cash management for a variety of clients and is now supporting the country’s largest paint manufacturer to embark on a cashless journey.
Standard Chartered’s Host-to-Host solution enables direct integration between the Bank and corporate systems – facilitating automated processing and leading to greater operational efficiency, improved productivity, and effective working capital management.
Luthful Arefin Khan, Head of Transaction Banking, Standard Chartered Bangladesh, said, “To keep pace with today’s ever-changing global economy, businesses must consistently prioritise innovation and adaptability. At Standard Chartered, we remain committed to service excellence and to driving value through cutting-edge cash management solutions.”
Sazzad Rahim Chowdhury, CFO and Director, Berger Paints BD Ltd, said, “Standard Chartered Bangladesh has always been our significant business partner.
Host-to-Host is an effective solution to make our payments and reporting simplified.”