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Padma Bank inks deal with bKash to ease money transfer


Bangladeshpost
Published : 12 Nov 2020 08:47 PM

Business Desk

For transferring fund from Padma i-Banking to bKash, transaction limit provided by Bangladesh Bank will be followed

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. Recently anagreement was signed between Padma Bank & bKash. 

To transfer fund, any Padma Bank account holder needs to login to his/her account through Padma i-Banking and add beneficiary first, After adding bKash account as beneficiary by filling up necessary information, customer can transfer money instantly. Once added, customers can make 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 beneficiary.Then, after entering required amount and narration, customer needs to select OTP channel (SMS or Email) and click on ‘Continue’. At the last step, customer needs to input the OTP number to complete the transaction.However, customer can find the logo of Padma Bank Limited in theAdd Money section of bKash app also.

Tapping on the logo will redirect customer towards Padma i-Banking.For transferring fund from Padma i-Banking to bKash, transaction limit provided by Bangladesh Bank will be followed. There is no charge imposed on the customers for this service from bKash.

With this latest bank integration, a total of 21 banks in the country are now connected to the largest 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% digital services.The fourth generation bank is committed to deliver modern banking services to almost One lakh 70thousand customers.