Bangladesh Post Office to launch mobile money transfer service

The government of Bangladesh will launch money transfer services through mobile phones at all post offices from June 2010. Officials told the parliamentary standing committee on post and telecommunications ministry that the postal department was set to run the e-banking services on an experimental basis through post offices in Comilla from January 2010.

Once launched, people will be able to send money on mobile phones from all post offices.

The parliamentary body also finalised the draft of the Post Office Act, 1898 for launching of the service. The century old act was a barrier to start the e-banking services through post offices.

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