Trust Bank, TerraPay launch payment solution for students studying abroad

BSS
Published On: 09 Feb 2025, 18:03
Photo: Collected

DHAKA, Feb 9, 2025 (BSS) - Trust Bank PLC, a leading private commercial bank 
in Bangladesh, has partnered with global money movement company TerraPay to 
introduce a first-of-its-kind digital payment solution for Bangladeshi 
students pursuing education abroad.

This innovative platform provides a secure, fast, and hassle-free alternative 
to traditional payment systems, enabling students and their families to pay 
tuition fees and manage living expenses with ease, said a press release here 
today.

Leveraging TerraPay's global infrastructure, the solution ensures seamless 
cross-border transactions to major study destinations, including the United 
States of America (USA), United Kingdom (UK), Canada, Australia, Germany, 
South Korea and many more.

Ahsan Zaman Chowdhury, managing director of Trust Bank, said, "This 
partnership makes international payments easier and more efficient for 
students." 

Ani Sane, co-founder and chief business officer of TerraPay, said, "We're 
excited to offer Bangladeshi students a secure and seamless way to pay for 
education abroad."

This partnership aligns with Bangladesh's evolving regulatory framework for 
student-related transactions, providing a digital-first approach to 
international banking solutions.
 

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