FSIBL First Cash launched

First Security Islami Bank Ltd (FSIBL) launched new banking service ‘FSIBL First Cash’ at Spectra Convention Centre in the city on Wednesday. Through ‘FSIBL First Cash’ card-to-card fund transfer through agent POS terminals, internet banking and mobile applications, card holder can encash money from nationwide agent points and Q-Cash network ATM booths of more than 35 banks. Online bill payments, utilities, mobile, admission and tuition fees, online shopping from more than 200 local websites, online merchant outlet shopping and dining from more than 11,000 outlets and restaurants, inward foreign remittance can be directly credited to the card thus promoting formal banking channel and reducing HUNDI. This can be used as ‘Salary Card’ for blue collar employees i.e. garment and factory workers, said a press release, according to a news agency.