MetLife introduces online enrollment process for premium payment via bank accounts


As part of its ongoing goal to provide customers with greater choice and access, MetLife Bangladesh has introduced online registration for the premium EFT (Electronic Fund Transfer) Debit payment channel.

EFT Debit allows customers to automatically pay their premiums through their preferred bank accounts, providing an easy and convenient way to maintain their protection needs while eliminating the cumbersome and environmentally harmful practices of filling out paper forms or visiting physically at their bank or any other MetLife offices for that purpose, reads a press release.

To activate EFT Debit, customers only need to register once and after registration, bonuses will be paid automatically from customers’ bank accounts.

Signing up takes less than 2 minutes online and opens up a new easy access channel with secure and convenient payments while removing one more chore from the monthly list.

Digital payment channels like EFT Debit are growing in popularity in Bangladesh, with over 37% of MetLife Bangladesh’s transactions in this area currently collected through online channels like EFT Debit, Online Banking and MFS.

Commenting on the initiative, MetLife Bangladesh CEO Ala Ahmad said, “We promise to always be with our customers, to build a more confident future, and that necessarily includes making insurance services more convenient and accessible. for our customers. Thanks to the new online registration process, our customers can now activate EFT Debit in just 2 minutes and enjoy seamless world-class insurance services.


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