Recently Bkash introduced a new feature which is the Bkash Retail account. The thing is Retail Account feature is not new to Bkash, but the thing is, anyone who needs Bkash retail can open A retail account on his own.
Don’t want to know what is BKash personal retail account? How it works & what are the advantages and disadvantages of using a BKash personal retail account?
If you’re going to open a Bkash Personal retail account and use it, you may need to know the above question answers first. Here I will describe all the minor and major things about the Bkash Personal Retail account.
Learn About BKash Personal Retail Account
BKash Personal Retail Account is an account on behalf of BKash for small businessmen, entrepreneurs, and online-based entrepreneurs, through which an account can be opened very easily and quickly, and payments can be taken from customers for providing products and services.
Through this BKash retail, personal account, a BKash personal retail account holder will be able to receive payments from more than 50 million customers of BKash at any time, as well as pay their supplier or value chain payments for conducting the business.
The limit per transaction in BKash Personal Retail Account is Tk 10,000. You can verify the business address with the code in the ‘Welcome Letter’ sent to the business address.
Address verification of the business organization does not apply to ‘offline’ entrepreneurs. The applicant must have a valid national identity card and proof of mobile number ownership to open an account.
Benefits of BKash Personal Retail Account?
Here are some benefits of the Bkash personal retail Account. The benefits of the BKash Personal Retail Account are as follows:
- BKash can open an account at home through the designated agency or the self-registration method.
- No trade license is required to open a BKash Personal Retail Account.
- The applicant can open a BKash personal retail account with a new mobile number against the same national identity card along with his personal BKash account.
- To a personal retail account holder, the customer can pay from his BKash app by dialing *247# or using the payment gateway and payment link.
- If you have a BKash account, you can open a BKash personal retail account with it by adding a new mobile number with the identity of that national letter. You can keep two accounts simultaneously with the same national identity card. However, you do not need any trade license or business identity card number.
- The BKash personal retail account holder can send money to any BKash customer.
- The BKash personal retail account holder can withdraw money anytime through the BKash agent or approved ATM.
- One BKash personal retail account holder can send money to another BKash personal retail account holder or any other merchant of bKash for business purposes.
- A BKash personal retail account holder can use the BKash merchant app or other payment platforms of BKash, which will help to expand the scope of his business.
Applicant Qualification For Bkash Retail Account
To register in bKash Personal Retail Account, you must need the below things
- You have to be a Bangladeshi citizen.
- You must be 18 years of age or older.
- You must have a valid national identity card.
- You have to be a small or marginal trader.
Required Documents For Bkash Retail Account Registration
Several necessary documents and photographs are required to register a BKash Personal Retail Account. Let’s know what documents will be required to register a bKash Personal Retail Account.
- First, you will need a valid mobile number registered where the bKash account has never been opened. This mobile number will be the account number of your bKash personal account.
- You must have a voter ID. That is, if you want to open a bKash Personal Retail account, then you must cross the age of eighteen years.
- You have to prove that your registered SIM is in your name.
- It would be best if you had a picture of yourself to open the account.
- In this case, one of the important things is that if you are from Rangamati, Bandarban or Khagrachari, or Cox’s Bazar district, you must attach/upload a copy of your business certificate.
- You may have to attach or upload a copy of your utility bill.
- After selecting your nominee, if your name is mentioned in your national identity card (e.g., father/mother/husband/wife), there is no rule that you have to attach a photo of your national identity card. But suppose the nominee is a relative or friend of your brother-sister, son-daughter, or any other relationship. In that case, attaching a photo of the nominee’s national identity card is mandatory. However, it should be remembered that although there is no personal restriction on becoming a nominee, the nominee should be 18 or above.
- Images in JPEG or JPG format must be attached to places where images or screenshots must be added. Pictures of any other format will not be supported here.
In this case, the file size of your picture or screenshot must be kept within 10 megabytes (10 MB). Otherwise, the picture will not be acceptable.
This was roughly the details of the documents or documents required to register a bKash Personal Retail Account. You can open your bKash Personal Retail Account if you have all these documents.
Complete the Registration Process for Bkash Retail Account
To do registration for a BKash Personal Retail account, you have to do the followings:
- Click on ‘BKash Personal Retail Account’ from the BKash website.
- Apply by agreeing to the terms and conditions.
- Give the mobile number you want to register, And select the operator.
- Verify the mobile number with the ‘Registration Verification Code’ in the SMS.
- Now give personal information in a registration form.
- Then provide information about your business.
- Provide information about your nominee.
- Now take a picture of yourself and upload some necessary pictures or screenshots.
- Finally, submit the information for registration.
Then you will get a congratulatory message with the application ID. You can see the status of your application with the application ID.
After verifying all the information, the application will be accepted. Bkash personal retail account registration will be done, and you will receive a ‘Congratulations‘ message via SMS.
Then by dialing *247#, you can set the account’s pin and start using it.
Verify the Verification Code BKash Retail Account
You can easily verify your business address with the ‘Welcome Letter‘ code sent to your address. Enter the designated link from the home page to verify the business address. Now enter your ‘mobile number‘, ‘verification code‘, and ‘date of birth’
If the information you provide is correct, your business address will be verified, and you will receive a confirmation message.
Recover the Verification Code Retail Account?
If the verification code is lost, the only way you can recover your account is to contact the bKash Customer Care representative. You can contact them online or by dialing 16247.
Check the Status of Your Retail Account
If your BKash Personal Retail Account Registration application is successfully submitted, you can see the congratulatory message on the screen, which will have an application ID.
With this application ID, you can easily know your registration status. Enter the designated link from the home page to know the registration status.
Now enter your mobile number and application ID. You will know your registration status if the information you provide is correct.
BKash Personal Retail Account Payment Receiving Limit
After successfully opening the account, your limit per transaction is Tk 10,000.
BKash personal retail account Transaction limits
For your convenience, the following are the limits of all transactions of personal account pa PRA-
| Type of transaction (in taka)) | Minimum Transaction Amount | Number of daily transactions | Number of monthly transactions | Amount per transaction | Daily Amount | Monthly Amount |
| Customer’s payment in offline, personal retail account
(Retail/Payment Gateway) |
– | There is no limit | There is no limit | 999 | 10,000 | 100,000 |
| Customer’s payment to online personal retail account
(Retail/Payment Gateway) |
– | 2,000 | ||||
| Payment to personal retail account
(From Personal Retail to Personal Retail, From merchant to personal retail account) |
– | There is no limit | There is no limit | 5,000 | 10,000 | 100,000 |
| Merchant payment in personal retail account
(From Personal Retail to Personal Retail, From Personal Retail to Merchant Account) |
2,500 | 5 | 100 | 5,000 | 10,000 | 100,000 |
| Send money from the personal retail account
(From personal retail to customer’s account) |
1 | 5 | 30 | 10,000 | 10,000 | 100,000 |
| Agent Cash Out (Offline/Online Personal Retail Account)) | 1 | 5 | 30 | 20,000 | 20,000 | 300,000 |
| ATM cash out
(Offline/Online Personal Retail Account) |
Q Cash: 2,000
BRAC Bank: 2,500 |
|||||
| Personal Retail to Bank Account (Offline/OnlinePersonal Retail Account)) | – | 5 | 30 | There is no limit | 50,000 | 1,000,000 |
BKash Personal Retail Account Money Transaction System (Payment)
To send money, you must first go to the dial option on the mobile, dial *247#, and select 1.
Then follow the following method:
| Step-1 | Step-2 | Step-3 | Step-4 | Step-5 | *247# Final Display | Sender’s SMS Notification | Receiver’s SMS Notification |
| 1. Send Money | Enter receiver bKash Account No: | Enter Amount: | Enter Reference: | Send Money. To: <customer_account_no> Amount: Tk <amount> Reference: <reference> Enter Menu PIN to confirm: |
Send Money Tk <amount> to <payee_Account_no> successfully. Ref <reference>. Fee Tk <fee>. Balance Tk <curr_bal>. TrxID <trxRef> | Send Money Tk <amount> to <payee_Account_no> successfully. Ref <reference>. Fee Tk <fee>. Balance Tk <curr_bal>. TrxID <trxRef> at <DD/MM/YYYY hh: mm> | You have received Tk <amount> from <payer_Account_no>. Ref <reference>. Fee Tk <fee>. Balance Tk <curr_bal>. TrxID <trxRef> at <DD/MM/YYYY hh: mm> |
Cashout System of BKash Personal Retail Account
To make a merchant payment, go to the mobile dial option, dial *247#, and select 2. Then follow the following method:
| Step-1 | Step-2 | Step-3 | Step-4 | Step-5 | *247# Final Display | Sender’s SMS Notification | Receiver’s SMS Notification |
| 2. Merchant Payment | Enter Merchant Account No: | Enter Amount: | Enter Reference: | Merchant Payment. To: <merchant_account_no> Amount: Tk <amount> Reference: <reference> <Merchant name> Enter Menu PIN to confirm: |
Merchant Payment Tk <amount> to <Merchant name> <payee_Account_no> successful. Ref <reference>. Fee Tk <fee>. Balance Tk <curr_bal>. TrxID <trxRef> | Merchant Payment Tk <amount> to <Merchant name> <payee_Account_no> successful. Ref <reference>. Fee Tk <fee>. Balance Tk <curr_bal>. TrxID <trxRef> at <DD/MM/YYYY hh:mm> | You have received Tk <amount> from <Merchant name> <merchant_Account_no>. Ref <reference>. Fee Tk <fee>. Balance Tk <curr_bal>. TrxID <trxRef> at <DD/MM/YYYY hh:mm> |
FAQ
Q: When Can the Transaction be Done After Registering a BKash Personal Retail Account?
Answer: As soon as you open the account successfully, you can do transactions.
Q: Who can be Nominated for BKash Personal Retail Account?
Answer: Your parents, brother/sister, spouse, or son/daughter/others who are 18 or above can be your nominees.
Last Words
BKash account is one of the easiest means used in the public interest and is functional for transactions. And for the people of the business class, a personal account has been added to make this account suitable for anyone to use.
However, in this era of technology, various types of fraud are being victimized with this bKash account. Money is our valuable asset, so we must use it cautiously.