BASIC Bank provides Special Notice Deposit Account facility for corporate customers for day-to-day business operations. Any individual or corporate body can open Special Notice Deposit Account, which is an interest bearing deposit account, for a short period of time. However, 7 days of notice is required if the customer wishes to withdraw money from this account.

Features:

• Opening deposit is minimum Tk.500/-(Tk. Five Hundred).
• 7 days of notice is required for withdrawal money.
• Cheque-book, ATM Service, SMS Alert Service.
• Taxes and duties will be applied as per govt. rule.
• State owned organization / project funds / govt. program, etc. related account may be opened without any initial balance.
   

BASIC Special Notice Deposit (SND) may be opened in the name of:

• Individuals
• Two or more Individuals (Joint)
• Sole Proprietorship Concerns
• Partnership Firms
• Limited Companies (Both Public and Private)
• Societies / Clubs / Associations / Local Bodies
• Banks
• Govt. / Semi Govt. Offices / Corporations / Autonomous bodies.

Interest Rate:

*Interest rate is subject to change from time to time.

Required Information & Documents:

• Duly filled up Account Opening Form.
• NID / Birth Certificate / Valid Passport
• TIN (if any).
• Two copies of recent passport size Photographs of account holder duly attested by the Introducer.
• One copy of Passport Size Photograph of Nominee duly attested by the Account Holder.

For opening of SND accounts for joint stock companies, associations and clubs etc.:

• Copy of Registration or Incorporation certificate (in case of company or registered organization)
• Copy of certificate of commencement (only for public limited company).
• Copy of Memorandum and Articles of Association (in case of limited company)
• Copy of Constitution and By-law (in case of association)
• Copy of minutes of board of directors / managing committee / governing body meeting for account management
• Certified copy of the names of directors / officials and their signatures
• Declaration.