Home ›› 19 Jun 2022 ›› Corporate
BRAC Bank’s SME customers will now enjoy transactions without fees in other banks’ ATMs.
National Payment Switch Bangladesh (NPSB) fee of Tk 15 set by Bangladesh Bank for non-BRAC Bank ATM transactions will be waived for all SME customers of the bank, BRAC Bank said in a statement.
The bank will bear the fees on behalf of their SME customers.
The customers can avail the facility in more than 12,500 ATM booths in Bangladesh. This will benefit more than 3.65 lakh SME customers who can now access ATMs of any bank in any place of Bangladesh.
The grassroots customers can withdraw cash beyond weekdays and banking hours without any worry of fees, even from the places where BRAC Bank doesn’t have any branches or ATM networks.
Commenting on the facility, BRAC Bank Deputy Managing Director and Head of SME Banking Syed Abdul Momen said, “As an SME-focused bank, we always strive to meet every banking need of our customers. We have waived the transaction fee at non-BRAC Bank ATMs, which, we believe, will be truly beneficial to the customers in their everyday banking necessities.”
“Apart from ATM, the customers can also do transaction through Mobile App ‘ASTHA’, CDM, RCDM, Agent Banking, POS & QR etc., to smoothly run their SME businesses. Our incoming technology initiatives such as digital onboarding, loan origination systems, and many others will significantly enhance customer experience,” he added.
