Mobicash Mobile Account Terms And Conditions

1. What is a Mobile Account?

A Mobile Account is an easy to use actual bank account, available for Mobilink subscribers to access from their own mobile phones at any time at their own convenience. Subscribers can use their Mobile Accounts for bill payments, money transfer and a whole host of new services from their own mobile phones anywhere anytime.

2. Who can open a Mobile Account?

Any Mobilink customer whether postpaid or prepaid with a valid Nadra CNIC can sign up for a Mobile Account. This service is only limited to Mobilink subscribers.

3. Where can I register for a Mobile Account?

Mobicash Mobile Account can be registered only on a Mobilink number by visiting any Waseela Bank Branch, Mobilink Franchise or Business Center and Mobicash Agents spread across Pakistan. In addition, biometric verified Mobilink customers can self-register their Mobile Account simply by dialing *786#.

4. How can I access Mobile Account menu after registration?

Upon successful registration, the customer will receive a system generated 4 digit temporary MPIN. Dial *786# from your mobile and select language (Urdu or English). Once language is selected, customer has to use this temporary MPIN to setup their personal MPIN by dialing *786# where customer will be asked to enter temporary MPIN first and then new personal MPIN twice. All your transactions will be secured with this 4 digit MPIN – without this 4 digit MPIN, no transaction can be made from your Mobile Account.

Mobicash Mobile Account Terms And Conditions.

5. Is there any tax deduction on depositing money into my Mobile Account?

No tax is applicable on depositing into your Mobile Account.

6. How can I earn profit on keeping balance in my Mobile Account?

Yes, if you have subscribed to Bachat Account and maintain required minimum balance. For more details please click here.

Mobicash Mobile Account Terms And Conditions.

7. If I send money to anyone from my Mobile Account, how much time will it take to process the transaction?

Transaction will be processed instantly

8. If I have a Bank Account with another Bank, can I transfer money from my Bank Account to my Mobile Account?

Yes, you can. You can transfer money through Online Banking available at selected Banks or you can transfer money from your Bank’s ATM by using your ATM Card on your Bank’s own ATM. Just select Waseela Bank as the beneficiary Bank name and enter your Mobilink number as the Account number. Funds will be credited to your Mobile Account instantly.

9. Can I transfer money from my Mobile Account to any Bank Account?

Yes you can! Please click here and follow the process. Your transaction will be completed by Mobicash instantly.

Mobicash Mobile Account Terms And Conditions.

10. Can I have more than one Mobile Accounts registered on my number?

Only one Mobile Account can be registered on one number.