Agent Selection Criteria

Agent Selection Criteria:
  1. - The nationality of the individual / firm has to be Bangladeshi.
  2. - It is mandatory for the proposed agent to have a minimum educational qualification of H.S.C or an Equivalent degree. Must have ability to understand the relevant rules & regulations of the Agent Banking system. However, in some cases, exceptions could be made for deserving candidates.
  3. - The applicant's age limit is 18-65 years. However, in some cases, exceptions could be made for deserving candidates.
  4. - The applicant should be a local resident of the area.
  5. - The person/firm has to be financially sound and solvent.
  6. - The applicant should have his own/rented business premise.
  7. - The proposed agent, cannot in any way, be a loan defaulter.
  8. - The proposed agent, cannot in any way, have a record of being penalized by any civil or criminal court.
  9. - The agent is expected to have adequate business experience combined with a good reputation in the locality.
  10. - Any applicant engaged in subversive activities will be rejected.
  11. - The proposed agent should have adequate knowledge and ability to handle technology based financial services.
  12. - The person should have the ability to meet all kinds of commitments under adverse situations.
  13. - People with the capacity to manage cash handling in the Agent Banking Centre, will be given preference.
  14. - Any person holding the position/s of a director, Managing Director/CEO in an organization, or holding a significant number of shares of the banking company or their spouses or banking employee will not quality to apply as an agent (Banking Company Law 1991 Section 26 GA).
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