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Prime Bank introduces eKYC solution ‘PRIMEPLUS’

Prime Bank has introduced eKYC platform ‘PRIMEPLUS’, a real-time account opening solution, which allows the customers to open account without visiting any banking premises in fast & secured manner, a press release said.

PRIMEPLUS is a groundbreaking digital initiative that will help pave the way to bring millions of unbanked people under the banking and financial system.

The release said, in order to open an account through ‘PRIMEPLUS’, the customers need to visit Prime Bank website and follow few steps. Filling up any printed account opening form would not require. A customer needs to have NID in order to open account using PRIMEPLUS.

On the occasion of launching PRIMEPLUS on June 9th Prime Bank’s Managing Director and CEO Hassan O. Rashid, said: “PRIMEPLUS bears testimony to our commitment to making banking easier and simpler for the valued customers. We believe this solution will facilitate financial inclusion of millions of unbanked people of the country.”

The press release said, PRIMEPLUS works on Artificial Intelligence (AI) and Machine Learning (ML) based identity verification with auto de-duplication checking and sanction screening. The customers will get account number instantly and enjoy internet banking access. Customer also can place debit card and cheque book request digitally. PRIMEPLUS platform has been launched in line with eKYC guidelines of Bangladesh Bank.

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