BASIC Bank launches ‘Magpie App’

Business Desk :
State-owned BASIC Bank Limited has launched its ‘Magpie’ App and customer onboarding platform ‘BASIC i-Account, a digital platform of banking services in order to make the financial system more inclusive and accessible to the people.
Sheikh Mohammad Salim Ullah, secretary of the Financial Institutions Division, Ministry of Finance inaugurated the services as chief guest on Tuesday at the bank’s head office in Dhaka, read a press release on Tuesday. BASIC Bank chairman Professor Dr Abul Hashem presided over the program while Managing Director and CEO of the bank Md Anisur Rahman delivered the welcome speech.
Md Razib Pervez, Dr Nahid Hossain, Dr Md Abdul Khaleque Khan, Shamim Ahammed, Directors of the Bank and Executive Director and Coordinator of BASIC Bank Md Mezbaul Haque were present as special guests.
The app has all other financial services including banking. e-KYC-based bank account opening without branch support, direct fund transfer to another bank through EFT, RTGS and NPSB, Add Money, E-Commerce/Merchant Payment, Credit Card Bill Payment, Utility Bill Payment, Ticketing and Remittance service and other banking services are available on Magpie App.
The app has also the facility of adding any card, account and mobile banking services account, funds transfer from any VISA or MasterCard, shopping through QR code, mobile recharge, instant balance inquiry and instant card/account statement.