Mudaraba Seniors Deposit Account [MSDA]

Trust Bank

Features:

  • Targeted Segment :Senior Citizens aged 60 years and above
  • Opening Balance: BDT 1000/― only

  • First Cheque Book Free

  • Profit Rate:0.25% p.a. higher than the Mudaraba Savings Account provisional profit rate [may be changed from time to time as decided by ALCO] Profit will be credited on monthly basis Profit will be applied on monthly average balance.

Trade Financing

Trust Bank

Import business

Import business is predominantly conducted through Letter of Credit. A letter of Credit (LC) is a written undertaking given by the Bank to a seller / exporter to the effect that the Bank will pay the seller a certain amount stipulated in the LC, provided that the seller complies with the terms and conditions of the LC. The Bank issues the LC mainly under the following contractual concepts:

  • Wakala/ Agency contract
  • Murabaha / Bai-Muajjal
  • Musharaka

 

Export business