Is it possible to transfer cash from bKash? Yes, this is an important question as to the age of time. Many bKash users among us are thinking of transferring cash from bKash to their Nagat account. So read the article carefully to know how to transfer cash from bKash to Nagad account. Here is a guide on how to transfer cash from bKash to Nagad.
If you are also thinking of transferring cash from your bKash account to your Nagat, today’s article is just for you. Check the link to quickly transfer cash from bKash to Nagad.
Table of Contents
Transfer Cash From bKash to Nagad Account
This article will mainly discuss the rules for transferring cash from bKash and if money cannot be transferred, then details on how you can transfer it to your Nagat, rocket, or any other Bangladeshi mobile wallet. If you do not want to exchange, you can bkash cash out money instantly.
Is it possible to transfer cash from bKash to Nagad?
Nothing is impossible! Here is an exchange website where you can easily exchange Bkash to Nagat. On the other hand, you can convert it from Nago to Bkash easily.
This is also a big question among Nagat users in Bangladesh. There is a number of users who are eager to know that it is possible to transfer money from one mobile wallet to another mobile wallet company.
And if you are one of those people who thinks that you can easily transfer money from a bKash account to a cash account, then you are wrong. Honestly still in 2021 is not possible but there are always alternative options.
bKash merchant account
As per the Rules and benefits of opening a bKash merchant account if you want, you will not be able to transfer directly from the bKash account to a cash account in June 2024. It is easy to transfer cash from bKash to Nagad.
However, according to the latest notification of the Ministry of Telecommunications, it is clear that in a few days, maybe every mobile banking service will be able to pay through one another.
It will take a few more days for this to become effective, which may be until December 2021.
This means that if you wait until December 2021, you will see that not only cash from bKash to bKash, but you can send money to each other via any mobile banking service like cash, bKash, Rocket, etc. if you want.
BKash to Rocket Account
And now one thing is clear and that is, you can send money from bKash to Rocket account or from Rocket account to bKash account if you want.
However, if you wait till December 2021, you can send money from any other account to any mobile banking account and you can send money from the bKash account to a cash account.
Transferring cash from bKash
If you wait until December 2021, how to send money from one account to another will be set up in the bKash account menu. It is not very complicated to transfer cash from bKash to Nagad.
When you can transfer money from one account to another, you will be notified in detail by giving an official notice.
Because of this, don’t believe in these related issues by watching any kind of the wrong tutorial and transferring money from one account to another.
Because it is nothing but a waste of time. The bottom line is that you cannot transfer money from one account to another at this time.
And if ever there is a facility to transfer money from one account to another, it will be informed in detail through this website.
Bkash and Nagat payment in Bangladesh
Nowadays Bkash is one of the best and most popular payment systems in Bangladesh. Many people in Bangladesh earn online doing small jobs. They also accept Bkash and Nagot payments on their website.
Transfer cash from bKash to Nagad
If you’re looking to transfer cash from your bKash account to a Nagad account, you’ve come to the right place. In this step-by-step guide, we will walk you through the process, ensuring a seamless and successful transfer. Please note that both bKash and Nagad are popular mobile financial service providers in Bangladesh, offering convenient and secure ways to handle your transactions. Now, let’s get started:
Prerequisites
Before initiating the transfer, make sure you have the following:
- Active bKash Account: Ensure that you have an active bKash mobile financial account. If you don’t have one, you can easily create an account by following the registration process provided by bKash.
- Active Nagad Account: Similarly, you need to have an active Nagad account. If you haven’t registered for Nagad, visit their official website or download the Nagad mobile app to create an account.
Once you have fulfilled these prerequisites, you can proceed with the cash transfer process. Follow the steps to transfer cash from bKash to Nagad.
Step 1: Launch the bKash Mobile App
To begin the process, open the bKash mobile app on your smartphone. Ensure that you have a stable internet connection.
Step 2: Log in to Your bKash Account
Upon launching the app, you will be prompted to log in to your bKash account. Enter your registered mobile number and PIN to access your account.
Step 3: Access the “Send Money” Feature
Once you have successfully logged in to your bKash account, locate and tap on the “Send Money” or “Send” option. This feature allows you to transfer funds to another account.
Step 4: Select “Mobile Wallet” as the Transfer Method
In the next screen, you will be presented with different transfer options. Choose “Mobile Wallet” from the available choices.
Step 5: Enter the Nagad Account Number
Now, enter the Nagad account number to which you want to transfer the cash. Take care to enter the correct account number to avoid any transfer errors.
Step 6: Enter the Transfer Amount
Specify the amount you wish to transfer from your bKash account to the Nagad account. Double-check the amount to ensure accuracy.
Step 7: Confirm the Transfer
Review the transfer details, including the Nagad account number and the transfer amount, to verify their correctness. If everything appears accurate, confirm the transfer by tapping the “Confirm” or “Send” button.
Step 8: Enter Your bKash PIN to Authorize the Transfer
For security purposes, you will be required to enter your bKash PIN to authorize the transfer. Enter your PIN in the designated field and proceed.
Step 9: Transaction Confirmation
Once you have entered your PIN, the bKash app will display a confirmation screen indicating the successful completion of the transfer. Take note of the transaction ID or any other reference number provided for future reference.
Congratulations! You have to transfer cash from bKash to Nagad. You have successfully transferred cash from your bKash account to a Nagad account. The funds should now be available in the recipient’s Nagad account.
FAQs (Transfer cash from bKash to Nagad)
1. Is it possible to transfer cash from bKash to Nagad directly?
- Answer: Currently, there isn’t a direct transfer option from bKash to Nagad within the apps themselves. However, you can use third-party services or cash-out and cash-in methods to move money between these two platforms.
2. What are the steps to transfer cash from bKash to Nagad using a third-party service?
- Answer: To transfer cash from bKash to Nagad via a third-party service, first select a reliable exchange platform that supports this transfer. Then, follow their instructions, which typically involve sending funds to their bKash account and then receiving the equivalent amount in your Nagad account.
3. Are there any fees associated with transferring cash from bKash to Nagad?
- Answer: Yes, third-party services or agents may charge a fee for facilitating the transfer. Additionally, if you use the cash-out and cash-in method, bKash and Nagad both apply standard cash-out fees.
4. Is it safe to use third-party platforms to transfer cash from bKash to Nagad?
- Answer: While some third-party platforms are safe and reliable, it’s essential to choose a trusted and verified service to avoid potential scams. Always read reviews and check their security measures before using them.
5. Can I transfer cash from bKash to Nagad through an agent?
- Answer: Yes, you can transfer funds from bKash to Nagad through an agent. You would cash out from your bKash account via an agent, then cash in that amount to your Nagad account, though agent fees will apply.
6. What should I do if my transfer from bKash to Nagad fails?
- Answer: If a transfer fails, first verify if funds were deducted. If they were, contact the third-party service’s support team if you used one. For agent transfers, reach out to bKash or Nagad customer support for assistance.
7. Is it possible to transfer cash from bKash to Nagad instantly?
- Answer: Transfer time depends on the method used. Third-party services or agents can often process transactions quickly, but there might be slight delays. Instant transfers directly between bKash and Nagad are currently not available.
8. Are there any limits on the amount I can transfer from bKash to Nagad?
- Answer: The transfer limit depends on bKash’s and Nagad’s cash-out and cash-in policies. Generally, the daily limits for cash-out and cash-in apply, so it’s essential to check these limits before initiating the transfer.
9. Can I use my bKash app to send money directly to a Nagad number?
- Answer: No, the bKash app does not support direct transfers to Nagad numbers. You would need to use alternative methods, such as a third-party service or agent, to complete the transfer.
10. What alternatives are available for transferring cash from bKash to Nagad?
- Answer: If the direct transfer isn’t possible, you can use methods like cashing out from bKash and cashing into Nagad, or use reliable third-party exchange services that facilitate transfers between these two platforms.
Conclusion
In this guide, we have outlined a step-by-step process for transferring cash from a bKash account to a Nagad account. By following these instructions carefully, you can easily complete the transfer and ensure that the funds reach the intended recipient. Both bKash and Nagad offer convenient and reliable mobile financial services, enabling secure transactions within Bangladesh. Step by step transfer cash from bKash to Nagad for any need.
Please note that transaction fees or limitations may apply, depending on the specific terms and conditions of bKash and Nagad. It is advisable to check for any applicable charges or restrictions before initiating the transfer.
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