The digital transaction services of the postal department, cash – everyone should be aware of this for the sake of advertisements shown on TV. Cash is a digital financial service of the Postal Department of the Government of Bangladesh, through which money transactions can be done very easily. The service started its journey in November 2016. It’s a lot like a very popular development. Let’s find out how you can open a cash account at home.

Rules for opening a cash account

In addition to opening an account with paperwork by going to a cash entrepreneur or agent, you can open your own account at home. Find out the rules below.

How to open a cash account from the Cash app

Opening a cash account is much easier. You can open a cash account at home. To open a cash account –

• Play Store Or App Store Download “Nagad App” from
• After downloading the app, open it and follow the instructions.
• Upload pictures on both sides of the national identity card
• Take a selfie and add it to your account
• Read the terms and conditions
• Provide your signature
• Once all the above information is provided correctly you will be able to enjoy the services of Cash.

Grameenphone, Robi, Airtel, Teletalk, Banglalink – Rules for opening cash accounts from all SIMs

Grameenphone, Robi, Airtel, Teletalk, Banglalink i.e. SIM users of any of these mobiles can activate the cash account by dialing * 167 # and setting the pin code of their account. Then enjoy all the benefits of cash!

If you do not have a smartphone, you can easily open a cash account by pressing a button from a small button phone. You can also open a cash account by dialing the above number from your smartphone.

Rules for viewing cash accounts

You can view the cash account at any time by dialing * 16 # from your mobile. Rules for viewing cash account by dialing:

• Dial * 16 #
• Enter 7 and enter the My Nagad option
• Enter the Balance Inquiry option by typing 1
• Then send it with the pin code of your cash account
• If you enter the correct PIN, you will see the balance of your cash account on the screen of the phone.

Besides, there is an opportunity to view cash account balance and do other things from the app. To view cash account balance from Cash app

• The cash app Install And enter the app
• Login to the app with account number, OTP and correct PIN
• If the language is Bengali then tap “Tap to know the balance” and if the language is English then press “Tap for Balance” button
• Then you will see the balance of your cash account.

Learn more: BKash account opening rules (with bonus)

Cash Account Benefits – Cash Mobile Banking Details

There are many benefits of cash mobile banking. E.g.

• Security: Security is always at the forefront of transactions. As cash is a government service, it is more secure than other transactions.
• Relatively low charge: Similar services at low cost, e.g. Development The cash out fee is less than the cash out fee.
• Offer: New users have opened accounts and offered to become millionaires in cash. Let them know the new offer Website Please visit.

Offers for transactions using cash accounts

Various exclusive offers and benefits will be available for transactions using cash accounts. E.g.

• Discount up to a maximum of Rs. 2,000 on evaly: 10% discount up to a maximum of Rs. To know the details Click Please
• 10% Cashback on Sheba.xyz Service: Cashback offer up to a maximum of 10% or up to Rs. To know the details Click Please.
• 10% discount on Walton products: 10% discount offer if you buy a refrigerator, home appliance, laptop and TV of any price from Walton Plaza and pay in cash. The offer will run until March 31, 2021. To know the details Click Please.
• Covid-19 Test Fee: The Covid-19 test can be done at the lowest cost by trading in cash. Covid-19 can be tested by going to the test center for only 100 rupees through ‘Cash Bill Pay’. To know the rules of paying test fee of Covid-19 using cash Click on this link Please.

Cashback offer on 20 taka recharge in new cash account

If you open a new account using the cash app, you will get 20 taka cashback on 20 taka recharge. Conditions for getting a cashback offer of Tk 20 on a Tk 20 recharge by opening a new cash account:

• Complete profile setting including opening account and setting PIN.
• To get cashback offer on 20 taka recharge, you need to recharge 20 taka using cash app on your mobile number. Only then will cashback be available.
• If you successfully complete the PIN set and account setup, you will get 20 taka recharge bonus within 72 hours of recharging.
• Only those who open a new cash account between 5 February 2021 and 31 March will get the mentioned offer.
• The recharge cashback offer is available from 5 February to 15 June.
• Cashback will be available once every 15 days on the mentioned amount recharge.

Ways to stay safe using cash

As the popularity of digital transactions grows, so does the proliferation of fraudulent and dishonest people. Therefore, extra caution should be exercised in using cash. The instructions given by the cash are:

• Cash will never ask the customer for one time password (OTP) or account PIN. So if someone wants OTP or PIN of the account, take it, you are in the realm of a fraud.
• 1818 or 096 096 1817 – Only these two numbers communicate with cash users. If you get any instruction through call from any other number, you will think it is fake.
• Also, if you have any problem or question regarding cash, you can call these two specific numbers – 1817 or 096 096 1617.

Cash Account Terms of Use

Certain conditions apply to each user before creating a cash account. Notable terms that apply to cash account registration are:

• Cash’s activities are carried out following the prevailing laws and postal rules of the country. Every cash customer must abide by these policies.
• If the wrong cash number is admitted to admit any financial loss, the liability will not be borne by the cash.
• Charges are mandatory for all customers when transacting in a cash account. If the transaction is not completed due to lack of adequate balance, the entire responsibility falls on the customer.
• In case of cash in / cash out / payment etc. the customer has to verify the acceptability of his transaction. Cash will not be liable for any of these complaints.
• It is the responsibility of the user to ensure the accuracy of the recipient and remittance during the transaction using cash. Cash will not be liable for any loss or misrepresentation in the provision of false information.
• Prices and expenses related to cash usage will be deducted from the account in time as per rules.
• According to the Money Laundering Prevention Act-2012, Anti-Terrorism Act-2009, the policy issued by the Bangladesh Postal Department, the customer is obliged to provide his cash related information as soon as he asks for it.
• Cash will maintain confidentiality of customer account and transaction information However, a court order or a person authorized by law may disclose or provide information in cash.
• A customer can never disclose the PIN number of his cash account to anyone under any circumstances. In case of any financial loss due to loss of confidentiality of PIN number, the responsibility lies entirely with the user.
• If you lose your SIM or phone, you can immediately call the Cash Helpline (16167) and close your account.
• Transactions related to financial transactions are outside the cash account usage policy. Cash has the power to take legal action in case of any such act.
• All cash customers are always obliged to follow any instructions sent by cash.
• ‘Cash’ reserves the right to send promotional phone calls or SMS to the customer.
• The information related to the transactions stored in the cash system will be considered as the primary evidence in resolving any conflict.

Do you have a cash account? Let us know in the comments.