BRAC Bank's SME customers waived of transaction fees

FE Team | Published: June 17, 2022 21:26:50

BRAC Bank's SME customers will now enjoy transactions without fees in other banks' ATMs. NPSB fee of BDT 15 set by Bangladesh Bank for non-BRAC Bank ATM transactions will be waived for all SME customers of the bank. The bank will bear the fees on behalf of their SME customers. The customers can avail the facility in more than 12,500 ATM booths in Bangladesh. This will benefit more than 0.365 million SME customers who can now access ATMs of any bank in any place of Bangladesh. The grassroots customers can withdraw cash beyond weekdays and banking hours without any worry of fees, even from the places where BRAC Bank doesn't have any branches or ATM networks. Commenting on the facility, BRAC Bank's DMD & Head of SME Banking Syed Abdul Momen said: "As an SME-focused bank, we always strive to meet every banking need of our customers. We have waived the transaction fee at non-BRAC Bank ATMs, which, we believe, will be truly beneficial to the customers in their everyday banking necessities. We will continue to bring in new facilities to cater to the customers' evolving needs as we aspire to become make BRAC Bank the most preferred transactional bank and ultimately the best bank in the country." — Statement