Tk 100 bKash cashback on Western Union transfers

Western Union, bKash and NCC Bank have launched an "Agent Assisted Model (PIN base Remittance)" service. 

The mobile financial service (MFS) provider is offering a cashback of Tk 100 on every Tk 10,000 received through Western Union into a bKash account, said a press release.

NCC Bank is acting as a settlement partner for this service. Customers can avail the cashback once a month until April 30. 

"This strategic alliance enables the two companies deeply invested in innovation to continuously advance their respective platforms to be at the cutting edge of money flows," said Gaurav Yadava, country director for India and South Asia of Western Union.

"This partnership with Western Union will ensure efficiency in the process of sending remittance through formal channels, as well as ensuring more convenience for both the senders and receivers," said Kamal Quadir, chief executive officer of bKash.

"This collaborative approach will be the milestone for changing payment model and contribute to the economic development of Bangladesh," said Mohammad Mamdudur Rashid, managing director of NCC Bank.