Trust Bank PLC, a leading private commercial bank in Bangladesh, has partnered with global payments provider TerraPay to introduce a first-of-its-kind digital payment solution for Bangladeshi students studying abroad.
The new platform offers a secure, fast, and hassle-free alternative to traditional banking channels, allowing students and their families to conveniently pay tuition fees and manage living expenses. According to a press release, the service facilitates seamless cross-border transactions to major study destinations, including the United States, United Kingdom, Canada, Australia, Germany, and South Korea.
Ahsan Zaman Chowdhury, Managing Director of Trust Bank, said, "This partnership is important because international payments are easier and efficient for the students". Ani Sane, Co-founder and Chief Business Officer of TerraPay, said, "We feel excited to offer Bangladeshi students a secure and seamless way to pay for education abroad."
The collaboration aligns with Bangladesh’s evolving regulatory framework for student-related transactions, reinforcing a digital-first approach to international banking. By leveraging TerraPay’s global infrastructure, the initiative aims to simplify overseas payments and support students in their academic pursuits worldwide.
