** People rescuing an injured passenger from inside a passenger bus hit by a truck on Dhaka-Mawa Expressway in Shologhar area of Shreenagar upazila in Munshiganj on Thursday. ** Motorcycles allowed on Padma Bridge after 10 months ** Commuters charge extra fare, passengers disappointed ** 78 people killed in Yemen stampede ** Moon sighting committee meets today to ascertain Eid day ** 9 killed in road accidents in 3 districts ** US announces new $325 m military aid package for Ukraine ** Eid-ul-Fitr in Saudi Arabia today ** Eid exodus begins ** LPG price cut illusive ** 15 hurt as bus overturns in capital ** New interbank cheque clearing timings set for Eid holidays ** Four women hit by a train die in Tangail ** 12.28 lakh SIM users left Dhaka on Tuesday ** Sylhet engineer threatened over power outage ** People rush to village homes to spend Eid holidays with their near and dear ones. This photo was taken from Sadarghat Launch Terminal on Tuesday. NN photo ** Surge in cases of dehydration, diarrhoea amid summer heat wave ** Padma Bridge construction cost increases by Tk 2,412cr ** PM gives Tk 90m to Bangabazar fire victims ** Textile workers block highway demanding wage, Eid bonus ** Attack on PM's motorcade Ex-BNP MP, 3 others get life term ** Load-shedding increases for demand of electricity during heat wave ** Motorbikes to be allowed on Padma bridge from Thursday ** 5-day Eid vacation begins from today ** Take Nangalkot train accident as a warning about negligence of govt functionaries **

Western Union money transfers now accessible through bKash agent points

30 March 2023

Business Desk :
bKash customers in Bangladesh can now redirect their cash-intended Western Union money transfers into their bKash wallets conveniently, with the assistance of over 330,000 bKash agent points.
To facilitate this service, Western Union, a global leader in cross-border, cross-currency money movement and payments, NCC Bank, one of the leading banks in the country, and bKash, the country's leading mobile financial services provider, have jointly launched the 'Agent Assisted Model (PIN base Remittance)' service, said a press release.
With this service, Western Union international money transfer receivers in Bangladesh with a valid national ID, active bKash account and Money Transfer Control Number (MTCN), can route their money transfers into their bKash wallets with the assistance of any bKash agent point available in their locality. NCC Bank also acts as a settlement partner for this service.
bKash's network of 330,000 agents, popularly known as 'human ATM's', across the country ensures uninterrupted services for customers. This expanded collaboration with Western Union's will offer more convenience to remittance receivers in the country and encourage money transfers through formal channels.
On the occasion of this new service launching, bKash is offering customers with BDT 100 instant cashback on receiving BDT 10,000 Western Union money transfers, into their bKash account. Customers can avail the cashback offer once a month until April 30, 2023.  
Gaurav Yadava, Country Director - India & South Asia of Western Union said, "Meeting the needs of customers in a fast-changing world, is key. This strategic alliance enables the two companies deeply invested in innovation, to continuously advance their respective platforms to be at the cutting edge of money flows. Together we are also advancing innovative financial inclusion, offering another way for our customers to receive money directly from their loved ones, giving them peace of mind."
Kamal Quadir, Chief Executive Officer of bKash said, "Bangladesh is one of the largest remittance receiving country in the world. bKash has been at the forefront of easing the process of receiving hard earned remittance sent by expatriates. This partnership with Western Union will ensure efficiency in the process of sending remittance through formal channels, as well as ensuring more convenience for both the senders and receivers".
Mohammad Mamdudur Rashid, Managing Director & CEO of NCC Bank said, "Being one of the recognized leading remittance banks in Bangladesh, NCC Bank's prime focus is to ensure convenient payment to the beneficiaries and settlement of remittance through digital channels. This service will offer customers a seamless cross border money transfer experience through formal channels. This collaborative approach will be the milestone for changing payment model and contribute to the economic development of Bangladesh. It will help drive financial inclusion by connecting the world to Bangladesh in innovative ways. NCC Bank wishes all the success for this unique initiative."

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