DHAKA, June 28, 2022 (BSS) - Integrated transaction service has been launched
between bKash and the country's first private sector bank, AB Bank Limited to
facilitate two-way fund transfer.
Now, the customers of AB Bank can 'Add Money' instantly to any bKash account
without any charge, said a press release here today.
They can Transfer Money from bKash to AB Bank account anytime as well.
AB Bank and the country's largest mobile financial services provider, bKash,
today jointly inaugurated the linked account service at the bank's head
office.
Syed Mizanur Rahman, deputy managing director of AB Bank Limited, Ali
Ahmmed, chief commercial officer of bKash and other high officials of both
the organisations were present on the occasion.
To avail this integrated service, customers first need to select 'Add Money'
or 'Transfer Money' option from the home-screen of bKash app and find 'Bank
Account' option.
Later, they have to set up link between bKash and AB Bank account by
providing little essential information after tapping on 'AB Bank'. The
registered mobile number of both the accounts should be the same while
setting up the link.
Once the link is established, money can easily be transferred from AB Bank
account to bKash account through 'Add Money' service of bKash app. In
addition, customers will be able to deposit money, pay DPS and loan
installments through bKash app's 'Transfer Money' service without going to
the bank.
After every successful transaction, customer will receive SMS notification.
For both these services, transaction limit set by Bangladesh Bank will be
applicable.
Opening its first branch in Karwan Bazar on April 12, 1982, AB bank has
established 105 branches till now, including one overseas branch in Mumbai,
India. It also has more than 250 ATM booths and 165 agent outlets across the
country.
With this latest integration, 62 million bKash customers can now Add Money
from the accounts of 36 leading commercial banks of the country to their
bKash accounts seamlessly. Likewise, they can instantly Transfer Money from
bKash to any account of nine banks.
After brining money to bKash account through the Add Money service, customers
can avail wide range of bKash services including Send Money, Mobile Recharge,
utility bill payment, merchant payment, donation to various organisations,
school-college salary payment, bus-train-air-launch and movie ticket purchase
and various online registration fee payment in a secure, convenient and
hassle-free way.
They can also Transfer Money back to bank account from bKash. This two-way
transaction service empowers the customers and provides them with more
freedom in their financial transactions.