Standard Chartered Bank (SCB) organised a workshop on "Interbank Payment & Settlement System in New York" on Sunday, says a press release.

Mamun Rashid, Acting Chief Executive for SCB Bangladesh, while inaugurating the workshop focused on the Importance of modern payment system and swift format for various types of payments In New York to reduce the number of correspondences, duplicate payments and operational error.

Kanti Kumar conducted the workshop, attended by 16 officials of seven local banks.