Comparison

MTB eBank vs Magpie App

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

MTB eBank

Manage corporate payables and receivables with this modern cash management solution. Tailor the interface to your organizational structure and access transaction capabilities from anywhere. Securely perform banking operations with advanced encryption and two-factor authentication.

Highlights
  • Manage payables and receivables
  • Customizable user interface
  • Perform transactions from anywhere
  • Check balances and obtain reports
  • Secure login with fingerprint/password
  • Two-factor authentication
Features
Read full description

MTB eBank MTB eBank is a modern cash management solution designed for corporate and institutional clients. It enables organizations to manage payables, receivables, payments, collections, and fund transfers anytime, anywhere. The platform supports flexible user roles and approval workflows based on each organization’s requirements. The MTB eBank mobile app enables authorized users to securely review and approve banking activities while on the go. Key Features Maker Initiate transactions, assign signatories, and track file and transaction statuses. Checker and Authorizer Review, verify, and approve transactions through the web portal or mobile app. Biometric Approval Approve transactions securely using biometric authentication. Scheduled Payments Schedule transactions for processing on a future date. Multiple Payment Services Access fund transfers, payroll, mobile financial services (MFS), utility bill payments, distributor collections, government payments, and more. Accounts and Reports View account balances and transaction details, and access various reports. Approval Tracking Monitor file and transaction statuses throughout the approval workflow. Mobile App Activation • Corporate users must complete the MTB eBank setup form and provide the required user information. • MTB will provide the necessary User ID and credentials. • Corporate clients can download and use the MTB eBank mobile app. • Initial login and device registration are completed using a one-time password (OTP). • After registration, users can securely log in using the authentication methods available on their devices. Security • SSL/TLS-encrypted communication with additional MTB encryption • Access restricted to registered devices • Two-factor authentication (2FA) for transaction authorization • Biometric authentication for secure transaction approval • Role-based access and approval controls for secure transaction processing Contact Us For questions or assistance, please contact Mutual Trust Bank PLC. 24/7 MTB Contact Centre: 16219 or 096040 16219 From overseas: +880 96040 16219 Email: [customer.service@mutualtrustbank.com](mailto:customer.service@mutualtrustbank.com)

About

Magpie App

This digital banking app allows BASIC Bank customers to manage their accounts, transfer funds, and make payments. It offers features like balance inquiries, transaction history, and branch/ATM locators, all accessible through a secure login.

Highlights
  • Account registration
  • Biometric login
  • Transaction history
  • Balance inquiry
  • Fund transfers
  • Bill payments
  • Branch and ATM locator
Features
Read full description

BASIC Bank Limited (Bangladesh Small Industries and Commerce Bank Limited) registered under the Companies Act 1913 on the 2nd of August, 1988, started its operations from the 21st of January ,1989. It is governed by the Banking Companies Act 1991. The Government of Bangladesh took over 100 percent ownership of the bank on 4th June 1992. Thus the Bank is state-owned. BASIC Bank introduces a mobile application named "Magpie" for banking transaction through the internet that enables customers of the BASIC Bank to conduct a range of financial transactions. Basic Services: 1. Registration through Account and Card 2. Password, PIN and fingerprint based login 3. Transaction history for account and card 4. Balance enquiry for account 5. BASIC Bank branch and ATM locations 6. On app feedback/complaints with screenshot attachment Transfers and Transactions: 1. Fund transfer from account and card 2. Credit card payment from account 3. Other bank fund transfer (BEFTN and RTGS) from account and card 4. Other bank credit card payment from account and card (BEFTN and RTGS) 5. Transfer to bKash and Nagad wallet from account and card 6. Airtime top-up from account and card 7. QR payment from account and card * To register on Magpie all you need to have an active customer account or an active debit/credit card with BASIC Bank.

Screenshots

MTB eBank4 screens
Magpie App4 screens

Verdict

The call

The clearest difference is iOS requirement: MTB eBank at 13.0 against Magpie App's 15.0. On price, update cadence, ads and in-app purchases there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

UpkeepUpdate frequency

MTB eBank ships an update every 4 months, Magpie App every 3 months. The most recent releases landed on October 9, 2026 and September 28, 2026 respectively.

Scorecard1 real difference · 9 level
MTB eBank versus Magpie App: the parameters behind the verdict, then further details
ParameterMTB eBankMagpie App
PriceFreeFree
Rating—3.6 (15 ratings) — better
Positive reviews—66.7% of reviews
Number of ratings—15 — better
Update frequencyEvery 4 monthsEvery 3 months — better
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPad, iPodiPhone, iPad, iPod
Requires iOS13.0 — better15.0
Further details — not scored
Size68 MB44 MB
Age rating17+4+
DeveloperMutual Trust Bank LimitedBASIC Bank Limited

Customer experience

MTB eBank

All ratings1 ratings
Positive100.0%
Neutral0.0%
Negative0.0%

Magpie App

All ratings15 ratings
Positive66.7%
Neutral0.0%
Negative33.3%
Written reviews3 reviews
Positive66.7%
Neutral0.0%
Negative33.3%

In-app purchases

None

MTB eBank

No in-app purchases

None

Magpie App

No in-app purchases

Questions

Is MTB eBank free?
MTB eBank is free to download, with no in-app purchases.
Is Magpie App free?
Magpie App is free to download, with no in-app purchases.
Do MTB eBank or Magpie App have ads?
Neither MTB eBank nor Magpie App shows ads.
Which is updated more often, MTB eBank or Magpie App?
MTB eBank ships an update every 4 months, and Magpie App every 3 months. Most recently, MTB eBank was updated on October 9, 2026 and Magpie App on September 28, 2026.

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