Bangladesh Bank Asia Ltd : Express Cash

Name of the Organization : Bank Asia Limited
Type of Facility : Express Cash
Country : Bangladesh

Website : https://www.bankasia-bd.com/

Express Cash:

Express Cash is the person to person domestic remittance service from Bank Asia and iPay. Any person can send money to another person within Bangladesh using Express Cash service.

Related : Bank Asia Bangladesh Internet Banking : www.statusin.org/6784.html

The objective of Express Cash is to allow customers to send money in a safe and secure manner from Bank Asia – iPay points. The transactions will be done, after completing KYC, by an authorized agent using his mobile phone and customers will receive both a SMS notification and also a money receipt. Express Cash is basically a gateway to transfer money from one point to another. However, in the more advanced level, a customer will get the privilege to save/store money inside the system.

Role of iPay:
iPay is the technical partner of this unique product. The software, hardware and operational platform are actually developed by iPay. However, as per the govt/BB policy, this kind of financial transactions can only be done through banks. Therefore, Bank Asia on the other hand is providing the legal and structural platform. On the basis of the financial transactions iPay will be entitled to receive a certain portion of the profit.

Where to go for Express Cash Service:
The Express Cash service can be availed from any point in Bangladesh which carries the Express Cash signage. Bank Asia and iPay intends to cover all the upazilas in Bangladesh in order to provide door to door service for its customers.

Benefits for a customer:
** Very simple and easy registration and transaction process
** Secured transaction process
** Not limited to any specific mobile operator/handset
** Not PIN/Password dependent
** Follows all legal compliances
** Money transfers 24 hours 365 days

Benefits for an Agent:
** Earn revenue from a formal financial service under Bank Asia banner.
** Use float money to earn commissions
** Prestige in having Bank Asia logo and becoming an authorized bank agent
** Increase customer footfall which will directly lead to increase in business of existing service

Operational Network:
** Dhaka
** Greater Chittigong
** Noakhali
** Jessore

Debit Card :
Features :
** Cash withdrawal from any Visa logo ATMs 24/7 all over the country
** Purchase thorough any Visa logo POS
** Balance enquiry
** PIN Change
** Mini statement
** No interest/hidden charges

Eligibility :
** Debit card is issued against the savings, current or STD account
Documents required :
** Filled-in Application Form
** 1(one) copy of photograph

About Us :
Bank Asia has been launched by a group of successful entrepreneurs with recognized standing in the society. The management of the Bank consists of a team led by senior bankers with decades of experience in national and international markets.

The senior management team is ably supported by a group of professionals many of whom have exposure in the international market.