17th June, 2012
Bank Simpanan Nasional (BSN) launches its latest service; Banking Beyond Branches (3B). Launching the ceremony was Finance Minister II, Dato’ Seri Ahmad Husni Mohamad Hanadzlah accompanied by Chief Executive of BSN, Datuk Adinan Maning. Pioneering the service in Malaysia, 3B is another initiative of BSN to fulfill is social mandate to provide prudent banking accessibilities to all communities from all walks of life. With 3B, customers and the public are able to do banking transactions with registered 3B agents at their premises especially to those who live in underserved areas.
According to Datuk Adinan Maning, a total of 1,500 registered agents are appointed by BSN to facilitate 3B since January 2012 till May 31, 2012. BSN will always be committed to support the Government’s agenda to expand and to ensure that community from all walks of life will benefit from the services.
Among the criteria to be a 3B agent is to have a registered business that operates on a permanent address and a valid business license. Appointed agents should reside within the GPRS coverage or network and is required to open a savings account with BSN. Agents will also be supplied with Point of Sale terminal (POS) equipped with a wireless GPRS to make transactions.
Among the services offered by 3B are deposits, withdrawals, utility bill payments, purchase of Premium Savings Certificate (eSSP) and cashless payment. Benefits await the customers as most of the 3B agents are operating their businesses in nearby residential area and customers are not charged at all for any transaction done. In addition, there is a flexible operating hours from 8.00am-10.00pm to ensure cost and time saving.
As of May 31, 2012, BSN has recorded a total of 532,381 transactions valued at RM45, 405,058; an impressive number since 3B has only been introduced in January 2012. BSN also plans to increase the number of agents of PTC to 5,000 agents by 2014 and in its pipeline, to enable more transactions be done via 3B such as money / funds between banks, reload of prepaid mobile phones, payment of bills for non BSN customers, withdrawals for MEPS customers and remittance services.