Padma Bank has recently signed a deal with bKash enabling its customers to transfer funds using their internet banking platform Padma i-Banking to any bKash account.

This latest addition takes the number of banks having fund transfer facilities with the leading mobile financial service provider to 21.

To make an instant bank-account-to-bKash fund transfer, customers first need to log in to their bank account through Padma i-Banking and then add the bKash account beneficiary once alongside providing other necessary information.

There is no charge on this service from bKash, according to a statement.

"The facility of instant money transfer service from banks' app or internet banking to bKash account has enabled 48 million bKash users to enjoy convenient transactions 24/7 across the country," the statement added.

Since its launch in 2019, the fourth generation bank has been working to provide digital services to about 1.7 lakh customers.