Bank Asia PLC has launched a brand-new service called ‘Scan to Cash,’ allowing customers to withdraw cash from branches simply by scanning a QR code. This fully digital solution removes the need for cheques or debit cards, making banking faster, safer, and more convenient. Customers can now enjoy a limit of up to BDT 300,000 per day with five transactions allowed daily.
A Step Towards Digital Banking Innovation
Bank Asia PLC has officially introduced a QR code–based cash withdrawal service named ‘Scan to Cash’. This service is designed to give customers a modern alternative to the traditional cheque-based withdrawal process. With this fully digital method, customers can withdraw cash at any Bank Asia branch without needing a cheque or debit card.
The new system aims to create a faster, smoother, and more convenient banking experience. It also benefits the bank by reducing paperwork and processing time.
Inauguration Ceremony in Dhaka
The service was formally inaugurated on 12 August 2025 at Bank Asia Tower Branch in Karwan Bazar, Dhaka.
The event was led by ANM Mahfuz, Additional Managing Director of the bank.
Deputy Managing Directors S M Anisuzzaman, Mirza Azhar Ahmad, and Syed Zulkar Nayen, along with other senior officials, attended the inauguration ceremony.
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How the ‘Scan to Cash’ System Works
With this service, a unique QR code is displayed at the cash counter in every Bank Asia branch. The process is simple:
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Customers open the Bank Asia Smart App on their smartphones.
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They scan the QR code displayed at the counter.
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They enter the withdrawal amount and confirm using a one-time password (OTP).
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Once verified, the teller gives the cash, and the amount is instantly deducted from the account.
This method removes the need for physical cheques or debit cards, making the transaction fast, secure, and paperless.
Transaction Limits for Customers
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Customers can make up to five transactions per day.
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The daily withdrawal limit is BDT 300,000.
This flexibility ensures both small and large withdrawals can be done easily.
Official Remarks
During the event, the bank officials highlighted the importance of moving towards a cashless and digital-friendly banking environment.
One of the senior officials said:
“এই সেবা গ্রাহকদের জন্য ব্যাংকিংকে আরো সহজ, দ্রুত এবং নিরাপদ করে তুলবে।”
Translation: This service will make banking easier, faster, and more secure for customers.
Source: TBS