Nagad, a digital financial service of Bangladesh Post Office, now charges Tk14.5 on a cash-out of Tk1,000.
The new charge effective from Sunday (6 October) is the lowest cash-out charge offered by the country's mobile financial service providers.
In addition to the offer, customers will receive extra Tk5 cashback (0.5 percent) for each Tk1,000 cash-in transaction. The cashback amount will be sent to the customer wallet within 72 hours.
After successful registration, every customer of Nagad will be eligible for cash-out at a rate of 1.45 percent. Anyone can open a Nagad account through self-registration with Nagad app or from any Uddokta point.
In both cases, a new customer will receive Tk25 after a successful registration. This offer will remain effective until further notice.
However, Nagad reserves all rights to change the pricing, modality and denomination at any point of time.