Bank Asia launches 'Scan to Cash'

Bank Asia PLC has launched 'Scan to Cash', an advanced QR code-based cash withdrawal service, for its customers. With this facility, customers can easily withdraw cash from any Bank Asia branch without cheque or debit card.
With 'Scan to Cash', a unique QR code is displayed at the cash counter in every Bank Asia branch. To make a withdrawal, customers need to open the Bank Asia Smart App on their smartphone, scan the QR code, enter the desired amount, and authenticate using a one-time password (OTP).
Once authentication is complete, the teller hands over the cash, and the customer's account is instantly debited. Customers are able to make up to five transactions per day, with a daily withdrawal limit of BDT 300,000.