Midland Bank Limited has launched country’s first Interoperable Digital Transaction Platform-Binimoy. Customers can transfer funds as well as request for funds from any other Bank, MFS, Payment Service Provider and Payment System Operator with no cost.

• Any MDB customer with an active account.
• NID and Contact number must be updated.

• Binimoy is integrated into our midland online app as a service. So, customers will have to register to Binimoy first.
• Provide a valid MDB account and a Virtual Unique ID. This VID (Virtual ID) will represent all accounts of the customer.
• Set a security PIN.
• Add multiple MDB accounts.
• Set default account separately for Direct Pay & Request to Pay.

• Customers can transfer funds to any Binimoy enabled users (Bank, MFS, PSP) with a valid VID.
• Customers can request for funds to other Binimoy enabled users (Bank, MFS, PSP) with a valid VID.
• Customers can view account statement in real time
• Customers can change and reset Binimoy PIN.

• No transfer fee for any transaction.
• Customers do not have to share any account related information to transfer or receive funds. They only need Binimoy VID.