Monday, May 27, 2019

Standard Chartered customers can now transfer funds to bKash accounts

  • Chief Economics Correspondent,
    Published: 2019-02-10 22:38:31 BdST


Customers of six banks can now transfer funds from their accounts to any bKash account.

The six banks are Dhaka Bank, City Bank, BRAC Bank, Mutual Trust Bank, Midland Bank and Standard Chartered Bank.   

"Customers don't need to go to agent points if they have accounts in any of these banks," the mobile financial service provider’s CEO Kamal Quadir told on Sunday.

“We’ve launched the services to provide our over 31 million customers with banking facilities without them having to go to the banks’ branches,” he added.

The firm will sign deals with other banks to enable their customers to transfer funds to and from bKash accounts, its officials said.

The deals with four banks were signed last year while those with BRAC and Standard Chartered were signed recently.

In a statement on the deal with Standard Chartered, bKash said accountholders of the bank can now avail the services using the bank’s online banking platform and SC mobile app.

bKash CEO Kamal and Standard Charted Bangladesh CEO Naser Ezaz Bijoy signed the agreement at the head office of Standard Chartered in Dhaka.

Senior management officials of both the organisations were also present.