Bank Asia launches ‘scan to cash’ qr-based withdrawal service

Bank Asia PLC has introduced "Scan to Cash," an innovative QR code–based cash withdrawal service that allows customers to withdraw money from any Bank Asia branch without using a cheque or debit card.
Under this new facility, each cash counter displays a unique QR code. Customers can withdraw cash by opening the Bank Asia Smart App, scanning the QR code, entering the desired amount, and verifying the transaction through a one-time password (OTP). Once confirmed, the teller instantly disburses the cash, and the amount is automatically debited from the customer's account.
Customers can perform up to five transactions per day, with a daily withdrawal limit of Tk300,000. The service offers a faster, safer, and more convenient alternative to traditional cash withdrawal methods.
Bank Asia officials stated that 'Scan to Cash' reflects the bank's ongoing commitment to digital transformation, ensuring secure, seamless, and customer-centric banking experiences in line with the country's growing shift toward cashless solutions.