NCC Bank, bKash sign MoU to launch 24/7 automated cash management services

NCC Bank PLC and bKash Limited have entered into a strategic partnership by signing a Memorandum of Understanding (MoU) to offer 24/7 automated cash management services.

According to a statement, this initiative aims to enhance financial transactions efficiency for bKash distributors, agents, and merchants. The new service enables bKash stakeholders with NCC Bank accounts to seamlessly add money and transfer e-money in real time, providing a secure and convenient platform for round-the-clock transaction management. This collaboration is expected to significantly streamline cash flow operations for bKash partners across the country.

The MoU was officially exchanged by M. Shamsul Arefin, Managing Director of NCC Bank, and Kamal Quadir, Chief Executive Officer (CEO) of bKash. High officials from both organisations were present at the signing ceremony, including- M. Khurshed Alam, Additional Managing Director, Md. Mahbub Alam, Md. Zakir Anam, Mohammed Mizanur Rahman FCA & Md. Monirul Alam, Deputy Managing Directors, Shahin Akter Nuha, Head of Transaction Banking & Cash Management Department of NCC Bank and Moinuddin Mohammed Rahgir, Chief Financial Officer (CFO) of bKash.

Speaking at the event, M. Shamsul Arefin stated, “This partnership enables a seamless digital transaction ecosystem. Now, bKash agents, distributors, and merchants can generate e-money in their digital wallets directly from NCC Bank accounts and vice versa—ensuring uninterrupted business operations.” This collaboration underscores the shared commitment of NCC Bank and bKash to support the digital financial ecosystem in Bangladesh and promote greater financial inclusion through innovative solutions.