Welcome to the new era! Banking is not about the branches and paperwork only. It has digitalized in Digital Bangladesh. Banks has introduced Mobile Banking Servers!
bKash, Rocket, UCash, mCash, SureCash etc are the mobile banking based banking system for un-banked peoples. At 2011 DBBL 1st introduces this USSD based mobile banking with the name of DBBL Mobile Banking.
This is actually a mobile numbered based wallet account, where the user can deposit and withdraw money from anywhere in the country. This wallet also allows users to send money to other users and pay utility bills from home.
Any Grammenphone/Robi/Banglalink/Teletalk subscriber can register as a bKash user. And, open a bKash wallet in Bkash Server from his mobile by pressing *247#. Before conducting any transaction, users need to submit his legal NID and photos to a nearby agent. After completing all registration process, users can Cash In any amount of money in his bKash wallet from bKash server agents. And, users can send money to other bKash user or buy airtime for friends and family including his own.
And, he can cash out the money from agents or ATM booth while he needs it.
At first, you need to register as a wallet user from authorized agents. After completing the registration process agent will give you a USSD code to operate your wallet account.
By dialing that USSD code (eg. *247# / *322#) you can access your wallet account. And, you can deposit money from agents or banks. You can also withdraw money from particular booth or agents.
Some of the mobile banking wallet now offering interest on your monthly deposited amount! You can also send money to your dear ones. And as we mentioned before, you can buy airtime, pay bills and know your real-time balance over SMS.
Mobile Banking! A Great facility for un-banked peoples. Over 70% people live in a rural area of Bangladesh, where proper banking facilities are not as easier. Now people can enjoy banking facilities from mobile banking servers. So, maintain the rules and enjoy Happy Banking!
Mobile banking facilities such bKash is a blessing to Bangladeshi people. Now, any kind of the monetary transaction is so easy. Just, users need to be aware of scammers. And, follow proper guidelines for any transactions.