Bangladesh, June 24 -- To make digital transactions easier, faster and more secure for customers, ONE Bank PLC has launched an instant fund transfer service from its banking app to Nagad, one of the country's leading mobile financial service providers.

The initiative is expected to enhance customers' transaction flexibility and mark another milestone in the country's journey toward a cashless economy.

The service was formally launched at a programme held at ONE Bank's corporate headquarters in the capital's Gulshan area on Tuesday. Md. Motasem Billah, administrator of Nagad appointed by Bangladesh Bank, and Muhit Rahman, managing director of ONE Bank, attended the event and exchanged the agreement.

Representing Nagad at the event were...