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DBBL Mobile Banking at a glance
        Banking for the unbanked
What is Mobile Banking?

Mobile   Banking   is   a   Banking   process   without   bank   branch   which
provides financial services to unbanked communities efficiently and at
affordable   cost.   To   provide   banking   and   financial   services,   such   as
cash-in,   cash   out,   merchant   payment,   utility   payment,   salary
disbursement,       foreign       remittance,       government       allowance
disbursement,   ATM   money   withdrawal   through   mobile   technology
devices, i.e. Mobile Phone, is called Mobile Banking.

Benefits of Mobile Banking

By   providing   electronic   access   to   money,   it   is   possible   to   ultimately
alleviate poverty, because of the following reasons.

  •     Real time on-line banking
  •     Available anytime, anywhere throughout the country
  •     It is convenient, affordable and secure
  •     It is much more effective in developing savings habits
  •     It   will   make   access   to   banking   and   advanced   payment
      transactions at affordable cost
  •     It   is   much   safer,   speedy   and   safeguard   against   fraudulent
      transactions

What does DBBL Mobile banking offer?

      ¬     Customer Registration
      ¬     Cash-in   (cash deposit)
      ¬     Cash-out (cash withdrawal)
      ¬     Merchant Payment
      ¬     Utility Payment
      ¬     Salary Disbursement
      ¬     Foreign Remittance
      ¬     Air-time Top-up
      ¬     Fund Transfer
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Where to register?

Customer   can   register   at   any   authorized   agent   point   of   DBBL   -   at
present these are the retailers of Citycell & Banglalink throughout the
country   who   can   display   'DBBL   Agent   Certificate'   and   'DBBL   Mobile
Banking Banner'.

How does it work?

      ¬     Customer   fills   up   the   KYC   Form   and   submit   to   agent
        along with his photograph & National ID (NID)
      ¬     Agent checks the Application Form, photograph &... [continues]

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(2012, 12). Dbbl Mobile Banking. StudyMode.com. Retrieved 12, 2012, from http://www.studymode.com/essays/Dbbl-Mobile-Banking-1288549.html

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CHICAGO

"Dbbl Mobile Banking." StudyMode.com. 12, 2012. Accessed 12, 2012. http://www.studymode.com/essays/Dbbl-Mobile-Banking-1288549.html.