Escolar Documentos
Profissional Documentos
Cultura Documentos
Presented By
Zuhaib Ali
Hakeem Jan
Introduction
Branchless banking or BB means conduct of banking activities by Authorized Financial Institutions for customers having a branchless banking account. ESSENTIALY COMPRISE OF: Technology Third party outlet Backing of govt recognized f institutin
History
First Direct in the United Kingdom are an early pioneer of this class of service. Launched by the then-Midland Bank (now part of HSBC) in 1989, Branchless banking regulation was first introduced in Pakistan in April 2008. the State Bank of Pakistan (SBP) has taken a constructive regulatory approach by providing clear guidance and being willing to listen to businesses and adjust regulation where necessary.
History A variety of business models is emerging that involves a wide range of players, including mobile network operators (MNOs), technology companies, and even a courier business. (Notably, a bank remains ultimately liable to SBP in all the models.) l
Model of B-Banking
BANK LINKED MODEL
Model of B-Banking
NON-BANK BASE MODEL
BANK
NBFI RETAIL AGENT
Classification of B-Banking Model One-to-one (1-1) Model: In this model one bank offers mobile phone banking services in collaboration with a specific Telco. One-to-many (1-) Model: In this model a bank offers mobile phone banking services to customers using mobile connection of any Telcos. Many-to-many (-) Model: In this model many banks and many telcos join hands to offer services to virtually all bankable customers.
Customers may transfer funds to/from their BB account from/to their other pre-registered accounts (current/saving bank accounts, loan limit accounts, credit card accounts etc.)
Merchant Payments:
Customers can use a BB account to make payments for purchases of goods and services.
Loan Disbursement/Repayment:
FIs, particularly MFBs may use BB accounts as a means to disburse small loan amounts to their borrowers having BB accounts. The same accounts may be used by customers to repay their loan installments.
Remittances:
BB accounts may be used to send / receive remittances subject to existing regulations.
Level 1
Entry Level account sufficient for most low income individuals
Level 2
Top level account offering all BB facilities and subject to full KYC requirements as applicable to a full-service banking account.
Level 3
Account specific for merchants, businesses, banking agents or third-party service providers.
KYC Requirements
1. Filling and signing an account opening application form. 2. Photocopy of computerized National Identity Card. 3. Verification of CNIC by NADRA 4. At least one personal face-toface contact with a designated employee of the FI or a biometric fingerprint scan and a digital photo taken by a BB agent must reach the FI
Rs. 60,000
1. Filling and signing an account application 2. Fulfillment of all KYC requirements specified under Prudential Regulations issued by SBP as amended from time to time. (Presently given under regulation M1 of the PRs). 3. Verification of CNIC by NADRA
FI must set limits commensurate with each customers profile.
1. Fulfillment of all requirements of level 3 account. 2. Fulfillment of additional requirements as specified by the FI.
Rs. 10,000 per day Rs. 20,000 per month Rs. 120,000 per year
Agent Structure
Super Agents:
These may be organizations having well-established owned or franchised retail outlets, or a distribution setup. These will be responsible for managing and controlling subagents. These may include fuel distribution companies, Pakistan Post, courier companies, chain stores etc.
Direct Agents:
These may include large to medium sized stores etc., which have a separate agency/service level agreement with the FI.
Role of Agents
Sub Agents:
These are the branches/outlets or franchised locations managed by a super agent and not directly controlled by the FI on a day-to-day basis. However, in case of franchised locations, these must have a similar service level agreement with the super agent as the super agent will have with the FI.
Role of Agents
Agents may perform any or all of the following functions depending on the agency agreement and agent type as detailed in the following sections; Opening of BB Accounts (Level 1 accounts only).
2)
3)
4)
After getting this principle approval the FI shall, in turn notify the SBP on the actual date of launching/ enhancement of its BB services.
6)
1.
2.
Easy Paisa
Tameer Microfinance Bank and its parent company Telenor Pakistan, a major MNO, launched easypaisa in October 2009. The largest branchless banking service in Pakistan which offers the most convenient access to Financial Services for all Pakistanis.
Easy Paisa
Easypaisa offers two kind of services : 1.Over-the-counter (OTC) products:
where the customer can go up to any of the 12000 plus certified merchants for financial transactions
500,000 account holder (2011) 23 million transactions had been processed by the end of July 2011, with a total throughput of Rs 43 billion (US$500 million)
Easypaisa,
2.Mobile products:
where the customer can use their mobile handset for financial transactions.
Features:
Any person with a valid Nadra CNIC can send money or receive money
This service is not limited to Telenor subscribers; other mobile network subscribers can also use this service
Sending/Receiving can be done from more than 12000 easypaisa shops all over Pakistan
Rs. 2501-4000
Rs. 4001-6000 Rs. 6001-8000 Rs. 8001-10000
Rs. 150
Rs. 200 Rs. 250 Rs. 300
Rs. 24
Rs. 32 Rs. 40 Rs. 48
Rs. 174
Rs. 232 Rs. 290 Rs. 348
Bill Payment
Easypaisa bill payment service brings you a hassle free yet secure solution to pay your Electricity, Gas and Telephone (PTCL) bills:
Utility Companies On Board
PTCL (Pakistan Telecommunication Company Limited) SSGC (Sui Southern Gas Company) SNGPL (Sui Northern Gas Pipelines Ltd) KESC (Karachi Electric Supply Company) HESCO (Hyderabad Electric Supply Company) MEPCO (Multan Electric Power Company)
Bill Payment
Charges on payment of bills:
Rs. 10 to be charged from the customer for any Utility Bill Paid of any denomination
No FED is applicable here
Mobile Account
Telenor subscribers will now be able to pay bills, transfer money and use many more services from their own mobile phones Mobile Accounts are actual bank accounts and work just like a normal bank account Can be opened through:
Telenor Sales and Service Centers, Telenor Franchise Tameer Bank branch
Mobile Account
Features
Any Telenor current or new subscriber can open a Mobile Account. No prior Bank Account is needed; Anyone with a Telenor SIM can avail and use this service Send money to any person with a valid NADRA CNIC or to any other easypaisa Mobile Account. Utility bills can also be paid instantly from an easypaisa Mobile Account Cash Deposit into a Mobile Account or Cash Withdrawal from any Mobile Account can be done at more than 12000 easypaisa merchants in more than 450 cities in Pakistan
Account Number
You will be provided an account number, exactly same as your mobile number plus an additional number at the end of your Telenor number.
A customer can only keep a maximum of Rs. 60,000 in his easypaisa Mobile Account at any time
Money Transfer
(from an easypaisa Mobile Account to another easypaisa Mobile Account) Slab Start 1 Slab End 1000 Charges 20 FED* 3.20 Total Charges 23.20
1001
2501 4001 6001 8001
2500
4000 6000 8000 10000
40
60 80 100 120
6.40
9.60 12.80 16.00 19.20
46.40
69.60 92.80 116.00 139.20
Money Transfer
(from a CNIC to an easypaisa Mobile Account)
Slab Start 1 1001 2501 4001 6001 8001 Slab End 1000 2500 4000 6000 8000 10000 Total Charges 34.80 69.60 104.40 139.20 174.00 208.80 Charges 30 60 90 120 150 180 FED* 4.80 9.60 14.40 19.20 24.00 28.80
Money Transfer
(from an easypaisa Mobile account to a CNIC)
Charges
FED*
Security Concerns
To ensure that all transactions made through easypaisa are secure, important security needs have been addressed: The security of all customer information is through documentation that is based on State Bank of Pakistans guidelines. Account opening involves verification of CNIC through NADRA.
Security of all transactions will be ensured using Unstructured Supplementary Service Data (USSD) protocol. USSD is a lot safer as compared to SMS
UBL Omni
Launched in April 2010 by commercial bank UBL Make over-the-counter bill payments and send money to friends and family in Pakistan via a network of agents known as Omni Dukans.
Account accessible from mobile phones via SMS or WAP and cards (both generic and Visa cards are available)
UBL has won several contracts to disburse payments for nongovernment organizations and government schemes Benazir Income Support Program (BISP) the governments flood relief program the World Food Programme
UBL Omni
Customers across Pakistan can open a UBL Omni bank account at any UBL Omni Dukaan of their choice, whether close to their home or place of work, by using their CNIC number and mobile phone number
UBL Omni account holder will subsequently be able to deposit and withdraw cash, make utility bill payments, send or receive money, purchase mobile card vouchers, make postpaid mobile bill payment. People without a UBL Omni bank account will also be entertained at a UBL Omni Dukaan.
Omni Services
For Walk In Customers
1. Account Opening 2. money Transfer 3. Mobile Voucher Purchase 4. Utility Bill Payments
Omni Dukaan
Internet Banking
Charges
Service Fee at UBL Omni Dukaan:
Utility Bill Payment Mobile postpaid Bill Payment Omni money Transfer Cash Withdrawal Free Free 3.35% of the transaction amount (Min. transfer amount Rs. 500) 1.5% of the withdrawal amount
Account opening:
Initial deposit requirement Minimum balance requirement Minimum balance charges Rs. 500 Rs. 500 Rs. 25 per month
TRANSACTI ON
TRAN AMOUNT
30 %
35 %
80 MILLION
Rs 300 BILLION
Additional data
Average number of transactions per day 228855 Percentage of bill payment is 53% Percentage of Fund transfer 39 % Government revenue generate are U$$ 2 billion Helping GDP by 3 %
Suggestion
At the end we must suggest the stack holder of BB industry that increase the level of information about BB of the target market by launching different type of campaign and make understand the system to the target market.
Conclusin
In short BB is the most convenient and affordable banking industry which is attracting low and middle class as well as the upper class of the society by offering financial services with the help of new technology.
Thank You
Dont Bother to Ask Questions
ANSWERS ARE NOT THERE!!:P