BRAC Bank has recently introduced Real-Time Cash Deposit Machine (RCDM), which will allow the customers to deposit cash 24 hours a day, seven days a week and reflect it instantly in their accounts.
The intelligent machine allows the customers to instantly deposit cash to BRAC Bank accounts and pay credit card bills within minutes, read a press release received Sunday.
The deposited amount will be instantly reflected on the beneficiary account balance with transaction notification through SMS. It is a fully secured and reliable service of BRAC Bank, adding comfort and convenience to the customers.
"The machine will be deployed across the country in phases as part of the pursuit of strengthening our alternate banking channel," BRAC Bank Head of Alternate Banking Channels Nazmur Rahim said regarding the RCDM.
In the first phase of the rollout, 39 RCDMs were deployed in Dhaka, Gazipur, Chattogram, Sylhet, Rajshahi, Khulna, Rangpur, Bogura, Jashore and Pabna. More machines will be deployed across the country in phases.
The customers can deposit the denominations of Tk 10, Tk 20, Tk 50, Tk 100, Tk 200, Tk 500 and Tk 1,000. The machine does not accept coins, or soiled and torn notes.
"BRAC Bank has always been at the forefront of new technology-enabled banking services. We will continue to explore new ways to provide a delightful customer experience," Nazmur Rahim added.
