The opportunity of instant money transfer service from banks’ app and internet banking to bKash account has been increased with the addition of 7 new banks. The facility of transferring money to bKash from 18 top commercial banks in the country now enables 45 million bKash users to enjoy easier and more convenient transactions. This service has brought great relief during Covid-19 situation as customers can Add Money to the bKash account of their own or loved ones as per their need from any place 24/7.
Community Bank Bangladesh, Modhumoti Bank, NRB Bank, Southeast Bank, First Security Islami Bank, Social Islami Bank and Union Bank - these seven new banks have recently been added to the Add Money service of bKash.
Prior to these, BRAC Bank, Bank Asia, City Bank, Dhaka Bank, Eastern Bank, Jamuna Bank, Midland Bank, Mutual Trust Bank, South Bengal Agriculture and Commerce Bank, NRB Commercial Bank and Standard Chartered Bank were already included in the Add Money service of bKash.
However, there is also the facility to bring money to bKash account from all Visa and MasterCard, issued by banks in Bangladesh.
Besides Cash Out from agent points, services like Send Money, Mobile Recharge, paying utility bills, payment of offline or online product purchases, donation to any organization, paying school/college tuition fees, payment of various online registration fees and many other facilities have made the customers’ financial transactions secure, easy and hassle-free. Furthermore, customers are now more empowered as they can use their money at any time. bKash has truly become customer's 'digital wallet'.
Moreover, customers can now pay their Visa and Amex credit card bills from home through bKash. Since time is an important factor in paying credit card bills, customers feel more comfortable to use credit card bill payment service of bKash. Thus, they are avoiding to go to the banks and maintaining social distance during Covid-19.
Customers can safely add money to their bKash account without any hassle in a few simple steps. They need to tap on ‘Add Money’ after selecting ‘Bank to bKash’ or ‘Card to bKash’ option from the main menu of bKash app's home screen. In case of Bank to bKash service, if the customer clicks on the logo of the designated bank, he/she is redirected to the log-in page of that bank.
Customer's cash-in limit is applicable on the Add Money service. That means, a customer can bring a maximum amount of Tk 30,000 in 5 times in a day and a maximum amount of Tk 2 lakh in 25 times in a month by combining cash-in and Add Money.
Launched in 2011, bKash, a joint venture of BRAC Bank, US based Money in Motion, International Finance Corporation, Bill and Melinda Gates Foundation and Ant Group, operates as a payment service provider offering broad range of digital financial services under the regulation of Bangladesh Bank.