SBAC Bank launches Fast Account

South Bangla Agriculture and Commerce Bank (SBAC) Limited has introduced a fast account option allowing customers to open accounts without physically visiting the bank.

The Electronic Know Your Customer (eKYC) solution has been launched under the name ‘SBAC Fast Account’, said a press release. Md. Masud Biswas, Executive Director of Bangladesh Bank & Deputy Head of Bangladesh Financial Intelligence Unit (BFIU) inaugurated this service at bank’s head office in the capital on Saturday.

Mosleh Uddin Ahmed, Managing Director & CEO of the Bank, presided over the launching ceremony. BFIU Deputy General Managers Kamal Hossain and Md. Masud Rana and Joint Director Md. Rokon-Uz-Zaman attended a workshop on “Prevention of Money Laundering and Combating Financing of Terrorism” virtually on the occasionally.

Bank’s Additional Managing Director M. Shamsul Arefin welcomed the ceremony. While, Deputy Managing Director of the Bank, Shafiuddin Ahmed and Md. Kamal Uddin spoke in the ceremony.

SBAC Fast Account App is now available at Google Play Store and Bank’s website. Customer can open accounts by following the procedures of simplified e-KYC from anywhere anytime.