The Hongkong and Shanghai Banking Corporation (HSBC) in Bangladesh and the Independent University, Bangladesh (IUB) are entering into a collaboration to assist students planning for overseas education through the bank's international education services.

HSBC's International Education is a comprehensive proposition catering to the overseas education needs of Bangladeshi students.

Read Student Loans in Bangladesh: Banks Offering Education Loans for Higher Studies

From the initial requirements of preparing a student file and facilitating payments to opening an overseas account with the HSBC in top education destinations, the bank provides the head-start with all the essential banking services throughout the whole process, according to a media statement.

Students, alumni and faculty members of the IUB will be facilitated with different benefits for pursuing their overseas education ambitions.

Read: Bangladesh holds hidden gems for investors: HSBC

The HSBC will also offer exclusive sessions on higher education overseas for the IUB through a memorandum of understanding (MoU) signed recently.

IUB Pro-Vice-Chancellor Professor Dr Niaz Ahmed Khan (acting vice-chancellor) was present during the online MoU signing ceremony.

Read HSBC named Bangladesh's best international retail bank

Ahmed Saiful Islam, head of wealth and personal banking at HSBC Bangladesh, said: "We value and understand the importance of having the right banking partner for those who have the ambition to achieve the best overseas education."

"With the strength of HSBC's international network and our connectivity with the leading education partners, we continue to open up a world of opportunities for our customers," he added.

Read Studying Abroad: Major Pros and Cons You Need to Consider

Gitanka Debdip Datta, head of customer value management at HSBC Bangladesh said: "Right from sharing their customised country fact sheets to evaluate a destination to having an overseas account sitting right here in Bangladesh, we offer a full range of banking solutions and services to international students."