Home ›› 18 Dec 2022 ›› Corporate
Integrated transaction service has been launched between bKash and Premier Bank Limited to facilitate two-way fund transfer for the customers.
As a result, 1.1 million customers of Premier Bank will be able to ‘Add Money’ to their bKash accounts or transfer money from ‘bKash to Bank’ instantly without any cost, said a press release. Premier Bank and the country’s largest mobile financial services provider bKash, jointly inaugurated the linked account service at the bank’s head office on Thursday.
SEVP and Head of Retail Banking of Premier Bank Limited Mohammed Emtiaz Uddin and Chief Commercial Officer of bKash Ali Ahmmed, inked the agreement on behalf of their respective organisations while Premier Bank consultant M Shahidul Islam; Head of Banking Partnership and Operations of bKash Adnan Kabir Rocky and other senior officials of both the organisations were also present.
To avail the service, customers will have to select ‘Add Money’ or ‘bKash to bank’ icon from the home-screen of bKash app and find ‘Bank Account’ option. Then they have to set up link between bKash account and Premier Bank account by providing a few essential information after tapping on ‘The Premier Bank Limited’ icon. The registered mobile number of both the accounts should be the same while setting up the link in case of doing ‘Add Money’ or ‘bKash to bank’. For transferring money to other Premier bank accounts, they can directly enter the Premier Bank account number.
Once the link is established, money can easily be transferred from Premier 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 to bank’ 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.
The Premier Bank app ‘pMoney’ will be launched soon to facilitate further convenience for the customers in bringing money to bKash, and the bank will also launch remittance service with bKash.
