Agent Banking

Agent banking is a very contemporary & significant banking service method for the remote area people of Bangladesh through the agent recruited by scheduled banks as per Bangladesh bank guideline. Bangladesh Bank defines agent banking as – ‘Agent Banking means providing limited scale banking and financial services to the underserved population through engaged agents under valid agency agreement, rather than a taller/cashier .It is the owner of a outlet who conducts banking transaction on behalf of a bank’.Agents are allowed to provide selected banking service on behalf of bank to the client like account opening, money deposit, withdraw etc. approved by concerned bank. Usually agent gets specific commission for their service & need to deposit fixed amount of money to the mother bank as a security.

List of some banks which have Agent Banking