General

Money transfer from Padma Bank to bKash made easy

From now, customers of Padma Bank Limited will be able to transfer funds from their internet banking platform ‘Padma i-Banking’ to any bKash account.

Recently an agreement was signed between Padma Bank and bKash, the bank said in a statement.

To transfer fund, any Padma Bank account holder needs to login to his/her account through Padma i-Banking and add the beneficiary first. After adding a bKash account as beneficiary by filling up necessary information, customers can transfer money instantly. Once added, customers can make next transactions easily.

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

Then, after entering the required amount and narration, the customer needs to select OTP channel (SMS or Email) and click on ‘Continue’. At the last step, the customer needs to input the OTP number to complete the transaction. However, customers can find the logo of Padma Bank Limited in the Add Money section of bKash app also.

Tapping on the logo will redirect customers towards Padma i-Banking. For transferring funds 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 percent digital services. The fourth generation bank is committed to deliver modern banking services to almost 170,000 customers.

Source: United News of Bangladesh