Mobile Financial Services (MFS) have revolutionized financial transactions in Bangladesh, but the high cash-out charges often spark criticism. Did you know sending BDT 1 lakh via MFS can cost up to BDT 1,850, compared to just BDT 51 in banks? In this video, we break down, Why MFS cash-out charges are higher than banks, How these charges are calculated, The role of service providers in determining fees. Stay tuned to uncover the truth behind these charges!
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Video Sections:
00:00 - Intro
01:05 - overview
04:42 - Why MFS Charge High?
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Source: thedailystar, bangladesh bank
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Video Credit: Mastercard News, Revolut, ICICI Bank, bKash, NRBC Bank PLC., SSG - Super Star Group, The Daily Star, Nagad, TAP, upay Bangladesh
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#bangladesh #cashout