Rocket provides various cash-in, cash-out, peer-to-peer transfers, merchant payments, and more services. Cash-in transactions are generally free, except for the salary and stipend product, which incurs a charge of 0.9% of the transaction amount or a fixed fee of TK 10 per transaction at DBBL branches.
Cash-out charges vary depending on the method used, with a fee of 1.67% for Agent transactions and 0.9% of the transaction amount or TK 10 per transaction at DBBL branches.
Rocket All Charges
Rocket provides diverse financial services, each with its own associated charges. These charges apply to various transactions, including cash-in, cash-out, P2P transfers, merchant payments, DBBL Core Banking Account transfers, and more.
To obtain details on the specific charges for each transaction type, follow the discussion below carefully.
Rocket Cash Out Charge
When cashing out with Rocket, the mobile financial service offered by Agent from General Consumer Product, you will encounter different charges depending on your chosen method.
If you opt for cash-out through an Agent, a fee of 1.67% of the transaction amount will be applicable. If you choose the salary and stipend product, the cash-out charge reduces to 0.9% of the transaction amount.
On the other hand, cashing out at DBBL branches incurs a charge of 0.9% of the transaction amount or a fixed fee of TK 10 per transaction, regardless of the product type. Cashing out from a DBBL ATM is free of charge.
With Rocket, you can choose the cash-out method that suits your needs while considering the associated charges for a seamless and convenient experience.
Rocket Cash In Charge
Rocket, the mobile financial service offered by Agent from General Consumer Product, provides convenient cash-in options. Cash-in transactions are free through Rocket Agent or any DBBL branch for the General consumer product.
If you use the salary and stipend product, a charge of 0.9% of the transaction amount is applicable. Alternatively, cash-in at a DBBL branch using the salary and stipend product incurs a fixed fee of TK 10 per transaction.
With Rocket, you can choose the cash-in method that suits you best, with either no charges or nominal fees, ensuring seamless management of your finances.
Rocket Send Money Charge
Regarding P2P money transfers with Rocket, the charges vary based on the product type and the method used for the transaction.
If you send money with the same product using USSD or the Rocket app, the transaction is free of charge.
When sending money to a recipient with a different product, such as from General Consumer Product to Salary and Stipend Product, both USSD and app transfers incur a charge of 0.90% of the transaction amount.
In such cases, the receiver bears the cost of the charge. Regardless of the product type, sending money to the same product using USSD or the app remains free of charge.
Rocket To Bank Transfer Charge
When transferring funds between Rocket and DBBL Core Banking Account/Card, there are specific charges depending on the direction of the transfer.
If you initiate a transfer from Rocket to a DBBL Core Banking Account/Card (MBS to CBS), a fee of 0.9% of the transaction amount will be applicable.
However, if you transfer funds from a DBBL Core Banking Account to Rocket (CBS to MBS), the transaction is completely free of charge.
Whether sending money from Rocket to a DBBL Core Banking Account/Card or receiving funds from a DBBL Core Banking Account, you can enjoy convenient transfers with free transactions.
Rocke Other Charges
Rocket offers a convenient and free option for customers when it comes to merchant payments. No charges are incurred if you pay a merchant using your Rocket account. Similarly, corporate and individual customers can enjoy free transactions for disbursements such as salary, grants, or stipends.
On the other hand, when it comes to receiving money from other banks, the charges will depend on the agreement between Rocket and the respective bank. The specific charges will be determined based on the terms and conditions outlined in the agreement.
Sending money to other bank accounts or cards also depends on the agreement with the concerned bank. The charges for these transactions will be determined according to the terms agreed upon between Rocket and the respective bank.
Conclusion
Rocket provides a comprehensive suite of financial services with different charges for various transaction types. By staying informed, users can effectively manage their transactions and make informed decisions regarding their financial activities with Rocket.
