1. It shall be an entity having multiple branch offices or outlets, either owned or otherwise engaged legally by it.
  2. If the entity is a private sector organization, it shall possess a business license or permit for any lawful business activity.
  3. The owner or manager of the entity or the juristic person shall possess at least 1 (one) year of experience in the related field.
  4. It shall be carrying out the business activity on ongoing basis.
  5. It shall possess managerial, financial and technical expertise for managing agent banking outlets in addition to its regular operations.
  6. It shall have willingness and capacity to invest in managing liquidity, risk management, security management and continuous capacity development of agent banking outlets of a bank.
  7. The agent banking outlet must have at least 2 (two) persons (a manager and a teller) with required managerial and financial expertise for this purpose and 1 (one) counter for cash transaction.
  8. In cases where the master agent provides agent banking services through third party outlets, which are engaged legally, the outlets and outlet owners/managers shall fulfil the eligibility criteria for unit agent.