After the successful launch of mobile banking by MCB in 2009-10 and “Easy Paisa Scheme” by Telenor and Tameer bank for providing money transfer services etc, another major player of Pakistani Banking Industry; United Bank Ltd (UBL) has also launched its branch-less banking network called UBL Omni Dukaan. Currently this UBL Omni Dukaan service has been provided in more than 100 cities and towns across Pakistan.
Customers across Pakistan can open a UBL Omni account at any UBL Omni outlet of their choice in a very simple manner by having a valid CNIC and mobile phone number. Their mobile phone number will be used as account number irrespective of the service provider. The UBL Omni account holder like any other traditional account can deposit and withdraw cash, pay utility bills, send and receive money, purchase mobile cards vouchers can pay mobile bill payment using convenient channels like Internet banking / WAP SMS, ATM’s etc.
There will be no need to visit bank branches for basic banking transactions it will also provide an opportunity to execute business transactions even after normal business hours. The facilities of paying utility bills, mobile bills and purchasing mobile bill payment vouchers will be even provided to the customers not having UBL Omni Account.
The above branch-less banking project if handled properly will open and flourish a new method of modern banking in Pakistan. This will also help in accomplishing the client’s trust on new secure modern technology methods, protocols, equipments and gadgets.