Mobile Banking Situation in Bangladesh

2. Name:
Aysha Akter Shimu(11102055)
Imran Hossen(11102065)
Kaniz Fatema Kona(11102048)
Md.Shams Akhter (11102075)
Md.Shamim Hossen(10202016)

3. Mobile Banking
 Mobile Banking is a process of no branch banking which provides
financial services to unbanked communities in both urban and
rural area at affordable cost.
 Mobile banking is a new technology in Bangladesh
 Most of the bank provides services in Bangladesh
 A person can withdraw or deposit money in any branch of the
bank he has account with

4. Services from Mobile Banking
1. Cash Deposit
2. Cash Withdrawal
3. Fund Transfer
4. Utility Bill Payment
5. Merchant Payment
6. Inward Foreign Remittance Disbursement
7. Salary Disbursement

5. List of the name of mobile
banking Banks name

6. SL# Bank Name Product Name
1. Duch-Bangla Bank Limited. Mobile-Banking
2. BRAC Bank Limited. bKash
3. Prime Bank Limited. EasyCash
4. Islami Bank Bangladesh Limited. mCash
5. Trust Bank Mobile Money
6. National Credit and Commerce Bank Limited SureCash
7. Bank Asia Limited. Mobile Banking
8. Dhaka Bank SMS Banking
9. Mercantile Bank Mobile Banking
10. AB Bank SMS Banking
11. South East Bank SMS Banking
12. First Security Islamic Bank SureCash
13. Bangladesh Commerce Bank SureCash
14. Standard Bank
15. United Commerce Bank SMS Banking

7. CHARGE
COMPARISON

9. Subject
Per Transaction
Amounts
Maximum Transaction
Amounts
International
Remittance
Minimum Maximum Per Day Per Month
BDT 50
BDT
150,000
BDT 150,000 BDT 150,000

14. Mobile Banking - The Benefits:
• Actual Online Banking Services
• Nationwide anytime, anywhere service
guarantees
• It is convenient, accessible and secure
• Mobile Banking is more effective for improving
the habit of savings
• The fast and low-cost money transactions and to
make access to modern banking services
• Mobile banking is more secure and reliable

15. Disadvantage of mobile Banking:
• If mobile banking is not managed properly
passed to others or has the opportunity to
grab fraudulently.
• Misuse of the technology
• Videos unfortunate happening
• The almighty weapons as cheating or not so
nobody can use it , pay attention to this
important crime .

16. Why people ignore this service:
• They actually don’t believe in virtual money
transfer.
• Our people do not have sound technological
knowledge
• It is very easy to hijack and transfer the
deposited amount to hijacker mobile account.
• The current legal environment most of the
people do not feel comfort and secure to
deposit enough in mobile account.

17. Conclusion
• Mobile Banking’s customer number one core
(10 million) of the blade exceeds miles. 11
November, the subscriber has 1 lakh 35
thousand core
• The number of clients receiving services in
September was 89 lakh 30 thousand. October
99 lakh 80 thousand suggests increased
Approximately 11.79 percent of the monthly
rate of customer growth. In October,