This is a short term Deposit scheme for individuals and institutions who do not want to go for long term plans. Particularly useful for bill collection, IPO collection etc with no limitation of time, it is very much similar to CD Account.
- Encashment possible in 7 days notice
- Interest charged on half yearly basis
- No minimum deposit limit
- No fees or charges applicable if average balance is less than or equal to Tk. 5000/-. If the balance is above Tk. 5000, a very minimal charge is applicable.
- Rate can be varied on the basis of deposited amount
- Can be operated without cheque book upon instruction of applicant
- Interest is payable on yearly basis.
- SND Account can be opened both for Individual and Corporate bodies.
- SND Account can be opened both for resident and non - resident Bangladeshi Nationals.
- Age bar for Personal STD Account: 18 years or above.
- Joint account can be opened.
- Minor account can be opened under the supervision of his / her / their guardian.
- Account can be opened in the name of Trust / Club / Association / Societies / Non - Trading Concerns
Individual/Joint
- Photocopy of Citizenship Certificate / Passport / Voter I.D. Card / National I.D. Card / Driving License.
- Two copies of recent passport size photograph duly attested by the introducer.Certified document(s) for source of income.
- Tax Certificate.
- Proof of communication address: Photocopy of an Electricity Bill / Gas Bill / Wasa Bill / Telephone Bill.
- The account requires to be introduced by an existing and satisfactory account holder of Trust Bank PLC.
- Initial deposit of Tk 5,000/-
- Nominee form and photograph of nominee(s) (signature attested by the account holder). In case of minor nominee, copy of the birth certificate and photograph required.
- Personal Information Form.
- Transaction Profile.
- KYC Form.
Public limited company
- Introducing the A/C by a person / company/ firm who maintaining an current A/C with this Branch
- 2 (Two) passport size photographs of all the Directors duly attested by the introducer
- Valid Passport / Identify card (For Deffence personnel) / Word comissioner certificate of all the Directors
- Initial deposit minimum 500/-for opening a new A/C
- Board Resolution regarding opening of A/C & mentioning authorized persons for operation of the same
- Valid & upto date Trade license from municipality
- TIN & upto date TAX clearence certificate
- Memorandum & Articles of association duly signed by the registrar of joint stock company with seal
- Account agreement form
- Certificate of Incorporation
- List of Directors on the company’s letter Head Pad
- Certificate of commencement of Business
Private limited company
- Introducing the A/C by a person / company/ firm who maintaining an current A/C with this Branch
- 2 (Two) passport size photographs of all the Directors duly attested by the introducer
- Valid Passport / Identify card (For Deffence personnel) / Word comissioner certificate of all the Directors
- Initial deposit minimum 500/-for opening a new A/C
- Board Resolution regarding opening of A/C & mentioning authorized persons for operation of the same
- Valid & upto date Trade license from municipality
- TIN & upto date TAX clearence certificate
- Memorandum & Articles of association duly signed by the registrar of joint stock company with seal
- Account agreement form
- Certificate of Incorporation
- List of Directors on the company’s letter Head Pad
- Certificate of commencement of Business
Govt/ Semi Govt. / Autonomous / Corp, Societies / Clubs. etc:
- Photocopy of Registration certificate certified by Chairman/Secretary
- Copy of constitution/ Bye Laws of the Club/ Society/ Association duly certified by Chairman/ Secretary. Certified copy should also be verified with the original by concerned Bank Officials under seal and signature
- Resolution of the managing committee/ Executive Committee authorizing opening the A/C with the Bank naming the persons who will operate the A/C
- List of Members of Managing Committee/ Executive Committee duly certified by Chairman/ Secretary
