FE Report

The City Bank Ltd has recently launched its new product 'City Wallet'-mobile banking installed in customers' phone sets menu option- for the first time in Bangladesh.

Customers having a JAVA enabled cell phone with Internet access are no longer required to type in the keywords in order to get SMS banking services.

Customers, who do not have JAVA enabled cell phone, however, have the option to avail themselves of traditional SMS banking by typing in keywords and sending that through a short code number (9696).

Managing Director and CEO of The City Bank K Mahmood Sattar launched 'City Wallet' at Spectra Convention Centre in the city Sunday. Other high officials from The City Bank were also present on the occasion.

Following a simple registration process, the account holders of City Bank will now be able to avail themselves of all basic banking services through City Wallet like account balance enquiring, mini statement, transaction inquiring up to last 20 transactions, branch and ATM information, forex rate enquiring and also real-time customer service, according to a press release.