Rocket of Dutch-Bangla Bank

Dutch-Bangla Bank pioneered Mobile Banking in Bangladesh. It was the first bank to offer banking facilities through a wide range of mobile phones. Rocket is a Banking process without bank branch which provides financial services to unbanked communities efficiently and at an affordable cost. To provide banking and financial services, such as cash-in, cash-out, merchant payment, utility payment, salary disbursement, foreign remittance, government allowance disbursement, ATM money withdrawal through mobile technology devices, i.e. Mobile Phone, is called Rocket.

Benefits of Rocket

  • Real time on-line banking.
  • Access to banking and advanced payment transactions at affordable cost.
  • Convenient and secure way to send money.
  • Much more effective in developing savings habit.

Rocket Model

Dutch-Bangla Bank Limited, a technology savvy commercial bank in Bangladesh, started Rocket on 31 March, 2011. Dutch-Bangla Bank has followed a unique model for deployment of the Mobile Banking in Bangladesh. Dutch-Bangla Bank Rocket model has the following characteristics:

  • Bank-led model
  • Vision
  • An account, not a wallet
  • Four Parties involved
  • Four Cash movement tiers
  • Four Geographical tiers

Rocket Services

  • Cash-in (Deposit)
  • Cash-out (cash withdrawal)
  • ATM withdrawal (cash withdrawal)
  • Mobile Top-up
  • Person to Person transfer (Send Money)
  • Bank account - Rocket account transfers
  • Foreign remittance
  • Salary disbursement
  • Balance enquiry
  • Bill payment
  • Merchant payment

Charges for Customer

  Products
Service General Consumer Product Salary and Stipend Product
Cash-in at Agent Free 0.9% of TXN Amt
Cash-in at DBBL branches / Fast Track Free TK. 10 per Txn
Cash-out at Agent 1.8% of Txn Amt 0.9% of TXN Amt
Cash-out at DBBL branches 0.9% of Txn Amt TK. 10 per Txn
Cash-out at ATM 0.9% of Txn Amt Free
P2P For Apps Free
For USSD (*322#) TK. 5 per Txn
(Except General Consumer Product to Salary & Stipend
Product charge 0.9% on Txn Amt in USSD & Apps)
For Apps Free
For USSD (*322#) TK. 5 per Txn
CBS to MBS Transfer Free Free
MBS to CBS/Card transfer 1.8% of Txn Amt 0.9% of Txn Amt
Top-up Free Free
Balance Enquiry Free Free
Statement Enquiry Tk. 3 Tk. 3
Bills Pay Tk.2 to Tk.20 or 1% Tk.2 to Tk.20 or 1%
Merchant Payment (payable by merchant) Up to 1% Up to 1%
Merchant Payment (payable by customer) Free Free
Collection (B2B) payable by Sender/Receiver 0.20 to 0.45 % of txn amount 0.20 to 0.45 % of txn amount
Disbursement like salary, Grant, stipend etc (payable by Corporate/enterprise) NA Free

*Subject to changes time to time


About Dutch-Bangla Bank

Dutch-Bangla Bank PLC, formerly Dutch-Bangla Bank Limited (DBBL), a prominent private sector bank in Bangladesh, has significantly influenced the country's financial sector since its establishment. Founded on July 3, 1995, DBBL is a joint venture between the Dutch development bank FMO (Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V.) and Apex Holdings Limited of Bangladesh. The bank was created with the goal of modernizing banking services in Bangladesh and fostering financial inclusivity. Its foundation was rooted in principles of integrity, transparency, and customer satisfaction, which continue to guide its operations.

Initially, the bank focused on expanding its branch network and establishing a solid presence in Bangladesh's competitive banking environment. Over the years, the bank has evolved, integrating innovative services and products to cater to the diverse needs of its customers. Its growth trajectory has been marked by a commitment to blending modern banking practices with a strong emphasis on social responsibility.

It offers a comprehensive range of services that address both individual and corporate needs. For retail banking customers, DBBL provides various savings and current accounts with competitive interest rates and minimal fees. Its term deposit schemes allow customers to invest their savings with assured returns for a fixed period. Additionally, the bank offers personal, home, and auto loans with flexible repayment options, alongside credit cards that come with various benefits and rewards.

In the corporate banking domain, DBBL supports businesses through a range of financial solutions, including working capital and term loans, as well as trade finance services. The bank also offers robust cash management services designed to streamline financial operations and enhance liquidity management for corporate clients. For international transactions, DBBL provides foreign exchange services, including remittances and trade finance, facilitating smooth global business operations.

A notable aspect of DBBL's operations is its focus on digital banking. The bank offers internet and mobile banking platforms that provide customers with the convenience of performing transactions, managing accounts, and accessing banking services anytime and anywhere. Additionally, DBBL operates an extensive network of ATMs across Bangladesh, ensuring easy access to cash and other banking services.

Beyond its financial services, Dutch-Bangla Bank is deeply committed to social responsibility. It actively participates in various community development initiatives, including supporting education and healthcare programs. The bank has funded numerous educational institutions and healthcare facilities, contributing to the advancement of these critical sectors in Bangladesh. DBBL is also involved in disaster relief efforts and other community development projects, reflecting its dedication to societal well-being.

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