Internship report on “Prospects of Agent Banking in Bangladesh- A study on Bank Asia Limited”

Abstract

Most services of a bank can be provided through agents, so that people in the most remote areas of the country can be under the adequate financial structure of agent banking. According to the Agent Banking Guidelines, any personal agents software is integrated with the bank’s core software, so transactions at the agents location will be displayed on the banking system in real time. It is costly for a bank when they wants to open a new branch in a specific area, which is why banks offer fee-based agent banking services for those who do not have a bank account.