With the mobile app, Baksh charges cash out at 1.85%. Non-app users can dial *247# for the same charge. Cash out from ATM booths at a reduced 1.49% charge.
Experience fee-free money transfers up to 25,000 TK per month to favorite numbers. For Priyo numbers, transactions between 25,001 to 50,000 TK incur a charge of 5 TK, and exceeding the 50,000 TK monthly limit carries a charge of 10 TK per transaction.
bKash All Charges 2023
As a widely used mobile financial platform, bKash offers a range of convenient options for conducting transactions, paying bills, and transferring money. However, it’s essential to understand the charges involved to make informed decisions.
In this discussion, we’ve gathered the latest information on bKash fees about Cash In, Cash Out, and Bkash to Bank fund transfer to help you confidently navigate the financial landscape.
bKash Cash Out Charge
bKash has recently revised its cash-out charges, providing customers with greater convenience and transparency. Understanding the cash-out charges is crucial for bKash users to make informed decisions regarding their financial transactions.
We will discuss the updated cash-out charges for different methods using the bKash app, dialing *247#, and cashing out from ATM booths.
Cash Out Using the bKash App
bKash offers its users a dedicated mobile banking app, allowing them to perform a variety of financial transactions.
When cashing out using the app, the cash-out charge remains at 1.85%, which means 18.5 Tk is deducted for every 1000 Tk withdrawn. This charge applies regardless of the agent from whom you are cashing out.
Cash Out Without the bKash App
For those who do not have access to the bKash app, cashing out is still possible by dialing *247# and following the instructions. The cash-out charge for this method is the same as with the app, at 1.85%. Thus, for every 1000 Tk cashed out, a deduction of 18.5 Tk will be applied.
Cash Out from ATM Booths
bKash now allows users to cash out from ATM booths, providing an additional convenient option. The cash-out charge for this method is lower than the previous ones, standing at 1.49%. Consequently, for every 1000 Tk withdrawn, a deduction of 14.9 Tk will be imposed.
bKash Send Money Charge
The cost of sending money on bKash depends on whether or not the recipient’s number is set as a Priyo number. Sending money to a Priyo number is free while sending money to other numbers incurs charges.
- Sending money to a Priyo number on bKash is free of charge. However, charges apply when sending money to numbers other than the Priyo number.
- A bKash customer can add up to 5 bKash account numbers as Priyo monthly. However, agent or merchant numbers cannot be added as favorite numbers.
- Therefore, only personal bKash numbers can be added as Priyo numbers, and sending money to them is free. The conditions for sending money for free to Priyo numbers are as follows-
- On favorite numbers, sending money up to 25,000 BDT monthly incurs no charges.
- For transactions between 25,001 to 50,000 TK to Priyo numbers, a charge of 5 TK applies.
- If the monthly transaction limit of 50,000 TK is exceeded on the Priyo number, a charge of 10 TK applies per transaction.
For example, if a customer has already sent 24,500 TK to a Priyo number within a month and wants to send an additional 600 TK (a total of 25,100 TK), a charge of 5 TK will be applicable for this transaction.
Similarly, if a customer has already sent 49,500 TK to a favorite number within a month and wants to send an additional 600 TK (a total of 50,100 TK ), a charge of 10 TK will be applicable for this transaction.
- No additional charge is applicable for any transaction below 100 BDT or its equivalent in other currencies to numbers other than the Priyo number.
- For transactions between 101 TK to 25,000 TK, a charge of 5 TK applies.
- For transactions above 25,000 TK to other numbers, a charge of 10 TK applies.
bKash To Bank Transfer Fee
The need for convenient and instant money transfers has recently become increasingly important. bKash has introduced a new feature allowing users to send money from their bKash app directly to bank accounts.
The service supports transfers to Bank accounts with a minimal transfer charge of only 1%. With this service, users can conveniently transfer money instantly.
Customers using this service will be subject to a service charge of 2% on the total amount for transfers to Bank accounts.
For transfers to Sonali Bank, Agrani Bank, Community Bank Bangladesh, and IFIC Bank Limited, the service charge is 1% of the total amount per transaction.
There is a service charge of Tk 20 per thousand for transferring money from bKash to a bank account. This means that for every 1000 TK transferred, a service charge of 20 TK will be applicable.
This guide has provided helpful information about the fees for different transactions. Whether you’re cashing out with the bKash app, using *247# for cash-out, or utilizing ATM booths, knowing the charges helps you understand the costs involved.
With these charges in mind, you can make smart financial decisions and use bKash effectively for hassle-free transactions.