Are you interested in learning how to register a biometric account under agent banking? In this article, we will provide you with the necessary information to get started. Agent banking is a secure banking process where all transactions are completed through the verification of customers’ finger-prints using a biometric machine. This process is regulated by the recent guidelines issued by Bangladesh Bank. A biometric account is an account that is opened by registering your finger-print at a DBBL nominated agent banking point. It offers features such as a 100% safe and secure transaction system, real-time online banking, interest facility on deposited amount, and a unique system for saving money. You can register for a biometric account at any DBBL agent banking point authorized by the bank, as well as at any DBBL branches and fast tracks. The necessary documents for registration include a duly filled-in KYC form, photographs of the account holder and nominee, and a national ID or any other acceptable ID with a photograph. Plus, after opening an account with Dutch-Bangla Bank, you no longer need to wait for your debit card as you will receive your Dutch Bangla Bank Nexus debit card instantly along with a PIN. This card can be used in all Dutch Bangla Bank ATMs, POS terminals, and Dutch Bangla Bank Nexus Payment Gateway for e-commerce shopping. So, let’s dive in and learn how to register for a biometric account under agent banking to make your banking experience even more convenient and secure.
How to register Biometric Account under Agent Banking
Agent banking is a 100% secured new banking process where every transaction is completed by verification of customers’ Finger-Print through a Biometric Machine. It is regulated under the recent guidelines issued by Bangladesh Bank. Biometric Account, on the other hand, is an account opened by the customer registering his Finger-Print at DBBL nominated Agent Banking Point.
What is Agent Banking?
Agent banking is a banking process where authorized agents act as a representative of the bank and provide basic financial services to rural or underbanked areas. These agents are equipped with a Biometric Machine that enables customers to complete transactions by verifying their Finger-Print. This process ensures the security and authenticity of transactions, making it a reliable and convenient banking solution.
What is Biometric Account?
A Biometric Account is a type of bank account that is linked to the customer’s Finger-Print. In order to open a Biometric Account, customers need to register their Finger-Print at a DBBL nominated Agent Banking Point. This account offers a range of features and benefits that make banking easier and more accessible for customers.
Features of DBBL Biometric Account
DBBL Biometric Account comes with several features that make it a popular choice among customers. Some of these features include:
- 100% safe and secured transaction system by detecting Finger-Print through a Biometric Machine
- Real-time online banking system, available anytime anywhere in the country
- Interest facility on deposited amount
- A unique system for saving money
With these features, customers can enjoy a seamless and secure banking experience, making their financial transactions effortless and hassle-free.
Where to register Biometric Account under Agent Banking?
Customers can register a Biometric Account from any DBBL Agent Banking Point authorized by Dutch-Bangla Bank. Additionally, customers can also register from any DBBL branches and Fast Tracks, expanding the convenience and accessibility of opening a Biometric Account.
Necessary documents for registering Biometric Account
To register for a Biometric Account, customers need to provide the following documents:
- Duly filled-in KYC Form (Forms are available at nominated Agent points)
- Photograph of the Account holder and the nominee
- NID or any other acceptable ID with Photograph
These documents are necessary to verify the identity of the customer and ensure the security of the account. By providing these documents, customers can proceed with the registration process smoothly.
Issuance Fee and Annual Fee
The issuance fee for the first year of a Biometric Account is free. However, starting from the second year onwards, customers will be charged an annual fee of BDT 460, including VAT. This fee covers the maintenance and operation costs of the Biometric Account, ensuring the continued accessibility and functionality of the account.
Instant Debit Card Issuance
Customers are no longer required to wait for their debit cards after opening an account with Dutch-Bangla Bank. Now, customers can instantly receive their Dutch Bangla Bank nexus debit cards along with a PIN after opening an account in any Dutch Bangla Bank branch. These debit cards are traditional magnetic strip-based cards that can be used for various transactions.
Benefits of Instant Debit Card Issuance
The instant issuance of debit cards brings numerous benefits to customers. Some of these benefits include:
- Reduced waiting time: Customers no longer have to wait for their debit cards to be processed and delivered. They can instantly receive their cards, saving time and providing immediate access to their funds.
- Instant replacement: In case of lost or damaged debit cards, customers can get an instant replacement at any Dutch Bangla Bank branch. This eliminates the hassle and inconvenience of going through a lengthy process to get a new card.
- Secure transactions: All transactions made with Nexus Instant cards are secured with a PIN. This adds an extra layer of security and protection to customer’s financial transactions, giving them peace of mind while using their debit cards.
- Wide acceptance: The Nexus Instant card can be used in all Dutch Bangla Bank ATMs, POS terminals, and Dutch Bangla Bank Nexus Payment Gateway for e-commerce shopping. This wide acceptance ensures that customers can conveniently and securely use their debit cards for various transactions.
With these benefits, customers can enjoy a seamless and secure banking experience with their instant debit card issuance.
Secured transactions with Nexus Instant Cards
Nexus Instant cards provide customers with the assurance of secure transactions. By using a PIN, customers can safely perform transactions without worrying about unauthorized access to their funds. These cards can be used in Dutch Bangla Bank ATMs, POS terminals, and the Nexus Payment Gateway, ensuring the convenience and accessibility of banking services.
In conclusion, registering for a Biometric Account under Agent Banking offers customers a secure and convenient banking solution. By following the registration process and providing the necessary documents, customers can enjoy the features and benefits of a Biometric Account, along with the added convenience of instant debit card issuance. With secured transactions using Nexus Instant cards, customers can confidently manage their finances and enjoy a seamless banking experience.