Launch of instant “Add Money” service from BDBL to bKash

A money transfer service has been launched between bKash and Bangladesh Development Bank Limited (BDBL), a state-owned commercial bank.

Under this service, more than one million BDBL customers can add money instantly to any bKash account without any fees. BDBL and the country’s largest mobile financial services provider, bKash, jointly launched the service recently, a press release read.

To benefit from this service, customers registered with BDBL iBanking must select the “Add money” icon on the home screen of the bKash application, find “Bank to bKash”, then press the option “Internet Banking”. In the next step, they need to select “Bangladesh Development Bank Limited” from the list of banks and provide some essential information to login to their bank account.

They can also access their bank account from the bank’s iBanking site. To transfer funds to bKash, the BDBL client must first add their own bKash number or that of their relatives as a beneficiary.

After adding the beneficiary, the customer should select “MFS” from the bank account menu, then select “Transfer to bKash” and enter the source bank account number, amount of money, bKash number and remarks step by step stage. Then the customer should press the “Continue” button.

Then, after typing a one-time password (OTP), the customer should press the “Complete Transfer” button to instantly transfer the funds to bKash. After each successful transaction, the customer receives an SMS notification. For this service, the transaction limit set by Bangladesh Bank is applicable.

Thanks to this latest integration, 62 million bKash customers can now add money from the accounts of 37 major commercial banks in the country to their bKash accounts seamlessly.

After transferring funds to a bKash account through the Add Money service, customers can enjoy a wide range of bKash services, including Send Money, Mobile Recharge, utility bill payment, merchant payment, donation to various organizations, payment of fees from educational institutions, bus-train-air launch, purchase of cinema tickets, various payments of online registration fees and Cash Out.