United Commercial Bank Ltd (UCB) launched its exclusive mobile financial service UCash at the Grand Ballroom of Pan Pacific Sonargaon in the city on Saturday. UCB Chairman MA Hashem inaugurated the grand UCash launching as chief guest.
Among others, Vice-Chairman of UCB Sharif Zahir, honourable Chairman of Executive Committee of UCB Saifuzzaman Chowdhury, MP, honourable Chairman of Audit Committee Lt. Gen (Retd.) ATM Zahirul Alam, rcds, psc, honourable Director MA Sabur, Director Md. Jahangir Alam Khan, Director Md. Tanvir Khan, Managing Director Muhammed Ali along with senior management of UCB, associate stakeholders, UCash distributors all over the country, journalists and many others were present at the event.
This initiative of mobile financial service is an innovative approach of UCB to spread banking service and facilities to the vast majority of unbanked population of the country.
To ensure smooth, prompt and uninterrupted service across the country, Ucash has already appointed over 10,000 agents. Initially the service of UCash will be available through ROBI & Airtel. It will be accessible through all the mobile networks very soon. UCash is currently providing mobile financial service facilities like money transfer, purchasing and money deposit. But one special feature that UCash is coming up with for the first time is interest on deposit. People will get interest on the money deposited by UCash service from the very first day. United Commercial Bank Limited, the leading private commercial bank of the country has always been introducing banking practice in an innovative way since its inception in 1983.