Opening of Account through Digital Platform in Bangladesh
In today’s fast-paced world, the banking sector in Bangladesh has taken major strides in digitalization. One of the most remarkable changes is the ability to open a bank account online without physically visiting a branch. This article explains the process, benefits, and regulatory compliance involved in opening a digital bank account.
🔍 What is a Digital Account Opening?
Digital account opening refers to the process where individuals can open a bank account via online platforms using a smartphone or computer. This method eliminates the need for paperwork and in-person verification, making banking more accessible and convenient.
📝 Required Documents
- National Identity Card (NID)
- Photograph (recent passport-size)
- Mobile number (linked to NID)
- Email address (optional but recommended)
💡 Key Steps to Open a Digital Bank Account
- Visit the official website or mobile app of your desired bank.
- Select the “Open Account” or “Digital Account Opening” option.
- Fill out the online application form with your personal details.
- Upload required documents (NID and photo).
- Complete biometric verification via e-KYC using your NID-linked SIM.
- Submit the form and wait for confirmation via SMS or email.
📌 Bangladesh Bank Guidelines
According to Bangladesh Bank’s directives, all banks must ensure the use of secure, encrypted platforms to carry out digital onboarding. Banks must also integrate with the national e-KYC system for identity verification and prevent money laundering under AML/CFT regulations.
🎯 Benefits of Digital Account Opening
- Faster account activation
- Paperless process
- Reduced footfall at branches
- 24/7 accessibility
- Enhanced user experience
⚠️ Things to Keep in Mind
- Ensure your NID is up to date and linked with your mobile number.
- Use a secure internet connection while applying.
- Choose a bank that is compliant with digital security standards.
📲 List of Banks Offering Digital Account Opening in Bangladesh
- BRAC Bank
- City Bank (Ekhoni Account)
- Dutch-Bangla Bank (Rocket)
- bKash (in partnership with banks)
- Islami Bank (mCash)
- Uttara Bank (Digital Account – coming soon)
🔚 Final Thoughts
Opening a bank account through a digital platform is a smart and efficient solution for the modern generation. As digital banking expands in Bangladesh, it’s crucial for users to adopt these tools for a seamless and secure financial future.
