Seven banks renewed their memorandum of understanding (MoUs) with the Central Procurement Technical Unit (CPTU) for receiving payments under e-GP system.

The banks are BASIC Bank, First Security Islamic Bank, Jamuna Bank, Mercantile Bank, Premier Bank, Shahjalal Islami Bank, and Export-Import Bank Ltd.

The CPTU has MoUs with 46 banks for receiving tender document fees, e-GP registration and renewal fees etc. About four thousand branches of such banks provide above services to tenderers across the country.

In every three years the banks need to renew their MoUs with CPTU for receiving the payments under e-GP. Tenderers can also make payments online through the Payment Gateway Dutch-Bangla and BRAC Bank.