bKash launches Instant Add Money service from BDBL

Fund transfer service has been launched between bKash and Bangladesh Development Bank Limited (BDBL), a state-owned commercial bank.

Now, more than one lakh customers of BDBL can Add Money instantly to any bKash account without any charge, anytime. BDBL and the country’s largest mobile financial services provider, bKash, jointly launched the service recently, states a press release.

To avail of this service, customers registered to BDBL iBanking, need to select the ‘Add Money’ icon from the home screen of the bKash app, find ‘Bank to bKash’, then tap on the ‘Internet Banking’ option.

In the next step, they have to select ‘Bangladesh Development Bank Limited’ from the list of banks and provide a few essential information to sign into their bank account.

They can also access their bank account from the bank’s iBanking website. To transfer funds to bKash, BDBL customer needs to add his/her own or loved ones’ bKash number as a beneficiary first.

After adding the beneficiary, the customer needs to select ‘MFS’ from the bank account menu, then select ‘Transfer to bKash’ and enter the source bank account number, amount of money, bKash number and remarks step by step.

Then the customer has to tap on the ‘Proceed’ button. Next, after typing a one-time password (OTP), the customer needs to instantly tap on the ‘Complete Transfer’ button to transfer the fund to bKash. After every successful transaction, the customer receives an SMS notification. For this service, the transaction limit set by Bangladesh Bank is applicable.

Starting its operation on January 03, 2010, BDBL has 50 branches across the country till now. With this latest integration, 62 million bKash customers can seamlessly add money from the accounts of 37 leading commercial banks in the country to their bKash accounts.