Nagad launches add-money service from Meghna Bank

People can now transfer money to their Nagad accounts directly from their Meghna Bank accounts.

The mobile financial service provider has launched the interoperable service to make transactions simple and economical for its customers, Nagad said in a statement today.

The service was recently inaugurated through an event organised at Meghna Bank Limited's head office.

Rahel Ahmed, CEO of Nagad; Saidur Rahman Dipu, head of business sales; Sheikh Saud Bin Jahan, bank and FI head; Sohail RK Hussain, managing director and CEO of Meghna Bank; Shyamol B Das, deputy managing director and CIO of Meghna Bank; M Nazeem A Choudhury, head of retail and SME banking, were present at the event.

"We have created opportunities for our valued customers to add money to Nagad wallet from numerous of the commercial banks in the country," Rahel Ahmed, CEO of Nagad, said about the agreement.

"Since its inception, Nagad has been working tirelessly to provide people transactional freedom. With this agreement, customers will be able to transact more easily."

Nagad has introduced the 'Bank to Nagad' add money service in order to provide consumers with faster and better service.

Besides, customers will be able to transfer from Tk 50 to Tk 50,000 into any Nagad account every day.

As a result, each user will be able to transfer up to Tk 3 lakh per month into their Nagad wallet.

Among the banks that are now able to instantly transfer money to the Nagad wallet using the internet banking services are Dhaka Bank, Midland Bank, Meghna Bank Limited, Exim Bank, Mutual Trust Bank, First Security Islami Bank, Community Bank, Shahajalal Islami Bank, NRB Bank, Social Islami Bank, Premier Bank, IFIC Bank, Union Bank, NRBC Bank, National Bank, City Bank Limited, Standard Bank Limited, Bangladesh Development Bank Limited, Bengal Commercial Bank Limited, Rajshahi Krishi Unnayan Bank, Padma Bank Limited, Prime Bank Limited and Trust Bank Limited.