Subhankar Saha, executive director of Bangladesh Bank, and Bhuvnesh Khanna, country head of commercial banking at HSBC Bangladesh, pose during a seminar on automated platforms organised by the bank in Dhaka on Thursday.

Online banking platforms enable customers to make seamless payments between countries and currencies and give businesses greater control over cash and collection, a banker said.

Electronic banking also helps customers manage liquidity efficiently, said Bhuvnesh Khanna, managing director and country head of commercial banking for HSBC Bangladesh, while speaking at a seminar on automated platforms and their present and future outlook in Dhaka.

The seminar highlighted HSBC's expertise in global payments and Bangladesh Bank's initiatives to digitise the banking industry, HSBC said in a statement yesterday.

The central bank's initiatives include automated cheque clearing, electronic fund transfer network, mobile financial services, national payment switch and the upcoming RTGS (real-time gross settlement), which is due in October this year.

Subhankar Saha, executive director of Bangladesh Bank, attended the event as chief guest, while KM Abdul Wadood, general manager for payment systems department, was the special guest.