Al-Wadiah Current Account (AWCA)

Features and Benefits
  • Based on Wadi`ah Principle of Islamic Shari'ah.
  • MICR Cheque facility and automated clearing facility.
  • Debit Card Facility (for Individual A/C) with wider ATM access.
  • Online Transaction facilities through largest online network across the country.
  • Electronic Fund Transfer and Internet Banking facility.
  • Charge free Statement of A/C provided twice in a year and Balance Confirmation Certificate.
  • Standing Instruction Arrangement is available.
  • Minimum initial deposit is Tk 2,000/-.
  • A/C can be opened in the Joint name.
  • Transaction notification through SMS.

Eligibility
  • Individual, Corporate Body, Trust, Club, Association, Society, Non-trading Concerns may open and operate an Al-Wadiah Current Account .

Requirements
  • Photocopy of NID/Passport/Driving License.
  • Two copies of recent passport size photograph duly attested by the introducer.
  • One copy of recent passport size photograph of the nominee duly attested by the A/C holder.
  • Specific papers/documents as required.

Fees/ Service Charges
  • Nominal Fee/ Service Charge as per Schedule of Charges.