Presently there are a lot of Banks in Bangladesh encouraging Mobile Banking- Bkash, Ucash, Mbankig, DBBL M Banking, Onecash, Quick Cash, Sure Cash and some are coming. Its the forecasting news that people of all ages now take the benefit of Mbanking. The mobile banking menu is very easy and soft for using as a very low educated person can use it and by the help he can charge his mobile, flexi load, itop, etop. They can give any payment in larges stores of Bangladeshi shops. People can easily send funds from any foreign country by mobile banking. Its the most secure money transferring system now a days. Coz your hand set is not stolen and the pin code is safe to you.
The mobile banking registration is very easy- needs two copies of
photograph, one copy National ID and the filled form by the company. An agent
can open an accounts within a minutes. The service is activated within 1 week.
No initial deposits needs, no extra charge needs only the company
related the charge. Though the charge is high 2% is very high for Bangladeshi
concept. But people needs money instant and easily. Coz ones a time people
sends money to their relatives by post and it takes long time 7/15 days.
Sometimes the postmasters don't give the money. When banking systems are well
known people used to send money by Banks. But most of the branches are in the
Town and it is very difficult to go town. Some courire services are
established for sending funds and products. Sundarban Courier, SA Paribahan,
Karatoa Paribahan, Central Courier, Continental Courier. But most of the served
in Town. So people are sometimes losed their times and money for collecting the
fund.
As the mobile is now a on glowing possibility of Bangladesh, people of all
classes used to favour in Mobile. 2/3 Years ago people used to take money by
Hundi, Dalal, Broker and third party and the third party takes a huge
commission. But now in mobile banking they can easily take their money in
their local are in villages and thanas. The system is very short and ensuring
the receiving money.
There are some restrictions in mobile banking. People can send money 25000/-
per month and receive 150000/- per month in their mobile. So their may be very
less possibilities of money laundering.
Here we are noticing some fraud and cheat in mobile banking. Sometimes the cheater
takes help of Mobile banking to collect funds. If the people are aware of it
they can easily safe from any fraudulent. The GDP is now increasing day by day
in Bangladesh. Every day there 2500 Million tk transacted every day in
Bangladesh by mobile banking.
People can easily withdraw money from the agent of from the ATM Booth. Some
banks charges extra charge for ATM using by Mobile Banking.
The international money management company such as moneybookers.com,
skrill.com, payoneer.com, payza.org, payza.com, perfectmoney.is, neteller.com
known as skrill, payoneer, payza, perfectmoney, neteller are trying to develop
their business in Bangladesh. Already payza and payoneer opens their office in
Bangladesh.
Paypal is trying to develop their business in here. In Dhaka they are trying to
setup their offices.
In the large concept with the local mobile banking, freelancer and foreign
persona can easily send money to Bangladesh. So we are trying to stay with you
for better services.