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Money transfer from Padma Bank to bKash gets easier

Dhaka, Sunday


24 November 2024


Business Insider Bangladesh

Money transfer from Padma Bank to bKash gets easier

BI Report || BusinessInsider

Published: 21:48, 9 November 2020  
Money transfer from Padma Bank to bKash gets easier

From now, customers of Padma Bank Limited will be able to transfer fund from their internet banking platform “Padma i-Banking” to any bKash account. An agreement was recently signed between Padma Bank and bKash in this regard. 

To transfer fund, a Padma Bank account holder needs to login to his/her account through Padma i-Banking and add a bKash account as beneficiary first. 

After adding bKash account as a beneficiary by filling up the necessary information, customer can transfer money instantly, a press release from Padma bank says. 

Once added, customers can make the next transactions easily.

For transferring fund, customer needs to click on ‘Send Money’, tap on bKash logo, select ‘Transfer to bKash’ then select bank account from which customer will send money and choose the beneficiary. 

Then, after entering the required amount and narration, customer needs to select OTP channel (SMS or Email) and click on ‘Continue’. 

At the last step, the customer will need to input the OTP number to complete the transaction. However, customer can find the logo of Padma Bank Limited in the Add Money section of bKash app too.

Tapping on the logo will redirect customer towards Padma i-Banking. 

There is no charge imposed on the customers for this service from bKash. However, the transaction limit provided by Bangladesh Bank will be followed.

With this latest bank integration, a total of 21 banks in the country are now connected to the huge Add Money network of bKash.

The facility of instant money transfer service from banks’ app or internet banking to bKash account has enabled 48 million bKash users to enjoy convenient transactions 24/7 across the country.

Since its launch in 2019, Padma Bank Limited has been working to provide 100 percent digital services. The fourth-generation bank is committed to delivering modern banking services to almost One lakh 70 thousand customers.