4.31.1 Safe to install
BRAC Bank Access is a mobile application designed to provide an added layer of security for authenticating financial transactions conducted through the BBL Internet Banking platform. It facilitates the generation of One-Time Passwords (OTP) and E-Signatures for enhanced transactional security.
Overview
BRAC Bank Software Token is a Freeware software in the category Business developed by BRAC Bank Limited.
The latest version of BRAC Bank Software Token is 4.31.1, released on 06/14/2024. It was initially added to our database on 06/14/2024.
BRAC Bank Software Token runs on the following operating systems: Android/iOS.
Users of BRAC Bank Software Token gave it a rating of 4 out of 5 stars.
Pros
- Provides an additional layer of security for online banking transactions.
- Easy to use and integrates smoothly with BRAC Bank's online banking services.
- Offers real-time authentication and verification of transactions.
- Can be used without internet connectivity once installed, just with the generated security codes.
- Available for both Android and iOS devices.
Cons
- Relies on the user's mobile device; if lost, stolen, or damaged, access can be difficult.
- Some users may find the setup process confusing or challenging.
- Requires regular updates to stay secure and functional, which can be inconvenient.
- Limited functionality compared to full banking apps, primarily focused on transaction security rather than comprehensive banking services.
FAQ
What is BRAC Bank Software Token?
BRAC Bank Software Token is a mobile application provided by BRAC Bank Limited for generating one-time passcodes required for authentication during online banking transactions.
How can I download the BRAC Bank Software Token?
You can download the BRAC Bank Software Token app from the App Store or Google Play Store for iOS and Android devices respectively.
Is the BRAC Bank Software Token free to use?
Yes, the BRAC Bank Software Token app is free to download and use for BRAC Bank customers.
How does the BRAC Bank Software Token work?
The BRAC Bank Software Token generates a unique one-time passcode that you enter along with your regular login credentials to authenticate your online banking transactions.
Can I use the BRAC Bank Software Token for all online transactions?
Yes, you can use the BRAC Bank Software Token for all online transactions that require two-factor authentication.
Is the BRAC Bank Software Token secure?
Yes, the BRAC Bank Software Token enhances the security of your online banking activities by providing an additional layer of protection through one-time passcodes.
What should I do if I lose my mobile phone with the BRAC Bank Software Token app installed?
If you lose your mobile phone, you should immediately contact the bank to deactivate the software token associated with that device.
Can I use the BRAC Bank Software Token on multiple devices?
No, each customer can only activate the BRAC Bank Software Token on one mobile device at a time for security reasons.
Is there any time limit for using the one-time passcode generated by the BRAC Bank Software Token?
Yes, each one-time passcode generated by the BRAC Bank Software Token is valid for a limited time typically ranging from 30 seconds to 1 minute.
Can I disable or uninstall the BRAC Bank Software Token?
Yes, customers can disable or uninstall the BRAC Bank Software Token if they no longer wish to use it for online banking transactions. It is advisable to inform the bank before doing so.
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