City Bank recently signed an agreement with iPay Systems Ltd. Under this agreement,customers ofCity Bank will be entitled to get the benefit of transferring money from their account to any of their personal iPay wallet using Citytouch. On the other hand, any customers of iPaycan also use the iPay e-wallet service to transfer money to their City Bank account.

Md. Mustafizur Rahman Ujjal, Head of ADC of City Bank and Zakaria Swapan, Founder & CEO, of iPay Systems Ltd. signed the agreement on behalf of their respective organizations. Among others present were Masudul Haque Bhuiyan, Head of Cards, City Bank; Raihan Faiz Osmani, Head of Merchants; iPay Systems Ltd. and other senior officials from both the organizations.