Rocket is a popular mobile financial service in Bangladesh that allows users to easily transfer money, pay bills, and make purchases through their mobile phones. It was launched in 2011 by Dutch-Bangla Bank Limited and is now widely used by millions of people in the country.
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Rocket account
Creating a Rocket account is a simple process that can be completed in a few easy steps. To start, users must dial *322# from their mobile phone and follow the on-screen instructions to register. Users will be prompted to enter their name, date of birth, and national ID number, as well as their mobile number. Once all of the information has been entered, users can create a six-digit PIN number to secure their account.
Rocket is popular in Bangladesh
How to Deposit with Rocket?
To deposit money into a Rocket account, users can either visit a Rocket agent or transfer funds from a bank account. There are over 1,000 Rocket agents located throughout Bangladesh, making it easy for users to find a location near them. To deposit money at a Rocket agent, users must provide their mobile number and the amount of money they want to deposit. The agent will then process the transaction and the money will be credited to the user’s Rocket account.
To transfer money from a bank account, users must first link their bank account to their Rocket account. This can be done by dialing *322# and selecting “Add Money” and then “Bank Account”. Users will then be prompted to enter their bank account information, including their account number and bank routing number. Once the bank account has been linked, users can transfer funds directly from their bank account to their Rocket account.
How to Withdraw with Rocket?
To withdraw money from a Rocket account, users can visit a Rocket agent or ATM. To withdraw money at an agent, users must provide their mobile number and the amount of money they want to withdraw. The agent will then process the transaction and provide the user with the cash. To withdraw money at an ATM, users must first link their Rocket account to their debit card. Once linked, users can visit a Rocket-enabled ATM, enter their PIN number and select the amount of money they want to withdraw.
Transfer Times, Fees, and Security
Transfer times and fees on Rocket vary depending on the transaction type and amount. For example, transfers to other Rocket accounts are typically processed instantly, while bank transfers can take up to 24 hours to complete. Fees are also charged for certain transactions, such as cash deposits and withdrawals at agents. The exact fees vary depending on the amount of money being transferred and the transaction type.
Transactions on Rocket are secured through encryption and other security measures to protect users’ financial information. For example, all transactions are protected by a six-digit PIN number, and Rocket employs advanced encryption technology to prevent unauthorized access to users’ accounts. Additionally, Rocket agents are trained to follow strict security protocols when handling transactions, such as verifying the user’s identity before processing any transactions.
In conclusion, Rocket has become a popular payment method in Bangladesh due to its ease of use, accessibility, and convenience. Creating a Rocket account is a straightforward process, and users can deposit and withdraw funds from a variety of locations. While fees and transfer times vary depending on the transaction type, Rocket offers a reliable and secure way to transfer money, pay bills, and make purchases.
