Mercantile Bank PLC added new features to its digital banking app, "MBL Rainbow", to ensure better and cashless banking service experiences.

Mati Ul Hasan, managing director of the bank, inaugurated the newly added services within the app at the bank's head office in the capital yesterday, according to a press release.

In his speech, Hasan said that from now on, the bank's customers can instantly open their bank accounts with only their NID, transfer funds to other banks through RTGS, NPSB instantly, and BEFTN, transfer funds to popular MFS platforms bKash and Nagad, check account balances, view mini statements, pay MBPLC card bills, recharge their mobile, and withdraw cash from branches using the branch QR code.

They can also make payments for shopping and other purchases on e-commerce sites and Bangla QR, make tax and passport fee payments, as well as other government fee payments through A-Challan (automated challan). Additionally, they can pay utility bills (Dhaka Electric Supply Company Limited, Dhaka Power Distribution Company, Northern Electricity Supply PLC, West Zone Power Distribution Company, Jalalabad Gas, Khulna WASA, Dhaka WASA), insurance premiums, educational institution fees, add money from Visa and MFS, and access other banking facilities through "MBL Rainbow."

Md Zakir Hossain, Adil Raihan, Shamim Ahmed, Ashim Kumar Saha, and Md Zahid Hossain, deputy managing directors of the bank, Tapash Chandra Paul, chief financial officer, Shah Md Sohel Khurshid, senior executive vice-president and chief credit officer, and Mohammad Iqbal Rezwan, senior executive vice-president and head of the international division, were present.

Among others, Md Abdul Halim, senior executive vice-president and head of the main branch of the bank, Muhammad Mahmud Hasan, executive vice-president and head of information technology, Mohammad Kamrul Hossain, senior vice-president, and Mostafizur Rahman, head of cards, were also present.