Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 1057 Wed. May 23, 2007  
   
Business


Bank Asia's cardholders to use DBBL's ATM, POS
Bank Asia Ltd, Dutch-Bangla Bank Ltd (DBBL) and Electronic Transactions Network (ETN) Ltd have signed an agreement under which Bank Asia's cardholders will have access to ATMs (automated teller machines) and POS (point of sale) terminals of the DBBL.

Erfanuddin Ahmed, deputy managing director (DMD) of Bank Asia, Ghulam Kabir, DMD of DBBL, and Zahir Ahmed, managing director of ETN, signed the deal on behalf of their organisations at a function in Dhaka on Sunday, says a press release.

ETN will provide the switching service to this effect. In addition to Bank Asia's own and E-Cash ATM network of 25 ATMs, the bank's cardholders will now have access to 135 ATMs of DBBL with a total number of 160 ATMs.

The ATM/ debit cardholders will also have access to DBBL's 650 POS terminals, the release adds.

Bank Asia cardholders are already enjoying the advantage of direct access to the existing ATM network due to Stelar Online Banking Software and already a substantial number of customer transactions are being processed through the ATMs.

Picture
Senior officials of Bank Asia Ltd, Dutch-Bangla Bank Ltd (DBBL) and Electronic Transactions Network (ETN) Ltd pose for photographs at an agreement signing ceremony on Sunday in Dhaka. As per the deal, Bank Asia's cardholders will have access to ATMs and POS terminals of DBBL under the technical assistance of ETN. PHOTO: Bank Asia