Brac Bank

#Bank Transfer#Card (credit or debit)#Direct debit#Real-time banking

Brac Bank is a Bangladesh-based bank that offers a variety of financial products and services, including payment solutions. When it comes to payment methods, Brac Bank offers several options, […]

Certified payment providers 1
Market coverage 3
  • Afghanistan
  • Bangladesh
  • Ivory Coast
Currencies 3
  • Bangladesh Taka
  • BCEAO
  • United States Dollar
Description

Brac Bank is a Bangladesh-based bank that offers a variety of financial products and services, including payment solutions. When it comes to payment methods, Brac Bank offers several options, including:

– Credit and Debit Cards – Brac Bank offers a range of credit and debit cards for customers, including Visa and Mastercard cards. Credit cards offer benefits such as cash rewards, loyalty points, and special offers on purchases.
– Mobile Banking – Brac Bank also has a mobile app, Brac Bank Mobile, which allows customers to make transactions using their mobile phone. Customers can make payments, fund transfers, and mobile recharges through the app.
– Online Payment Services – Brac Bank also offers online payment services, such as e-wallets, which allow customers to store money online and use it to make online payments.
– Cheque Payment – Customers can also make payments using cheques issued by Brac Bank. Cheques can be used to make payments to third parties or to pay bills.

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Frequently Asked Questions

What are the best practices for managing cross-border payments?2023-04-18T18:56:57+02:00

NORBr is a payment orchestrator that connects you to all cross-border payment services providers that can help you manage your cross-border payments efficiently and securely, while also ensuring compliance with relevant regulations. NORBr offers advanced features like fraud detection, currency conversion, and real-time tracking and reporting, which can help you optimize your payment processing for cost efficiency and speed.

What are the risks associated with cross-border payments?2023-04-18T18:57:21+02:00

Cross-border payments can be associated with several risks for you, including currency fluctuation risk, regulatory risk, and fraud risk. Currency fluctuation risk refers to the potential impact of exchange rate fluctuations on the value of your payments. Regulatory risk relates to the complexity of complying with different regulations in different countries. Fraud risk refers to the potential for fraudulent activity, which can be more difficult to detect and prevent in cross-border transactions.

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