Eligibility for Becoming an Agent

  • Agent will have at least 1 (one) year old valid business license;
  • Agent must have clean CIB & Police Verification Report;
  • Agent must be financially sound and solvent.

Non Eligibility for an Agent

  • Bank related person/Bank Officials will not be eligible to become an agent in the same bank within 1 (one) year of his/her retirement or resignation;
  • Anyone who is currently an Agent of another Bank;
  • Defaulters with any bank or financial institutions;
  • Bankrupts;
  • Convicted by a court of law, up to 3 (three) years after completion of sentences or penalties;
  • Under investigation for any criminal charges;
  • Under investigation or convicted of money laundering or terrorist financing activities;
  • Under investigation of the Anti-Corruption Commission.

Eligible Entities for becoming an Agent

  • MFI’s regulated by Micro Credit Regulatory Authority of Bangladesh;
  • NGOs registered with Social Welfare Directorate;
  • Societies registered under the Societies Registration Act, 1860;
  • Cooperative Societies formed and controlled/supervised under Cooperative Society Act, 2001;
  • Government Offices having branch/unit offices;
  • Courier and mailing service companies registered under Ministry of Posts & Telecommunications;
  • Companies registered under the Companies Act, 1994;
  • Agents of mobile network operators that fulfils the eligibility criteria as laid down in these Guidelines;
  • Local Government Institutions;
  • Union Digital Centre (UDC);
  • Agents of insurance companies that fulfil the eligibility criteria as laid down in these Guidelines;
  • Any business entity having trade licenses from eligible authorities that fulfils the eligibility criteria as laid down in these Guidelines; and
  • Any other entity which Bangladesh Bank may prescribe or authorize.