Chapter-4

Banking Transaction Details

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 4.1 Current Account
NGB Current Account
NGB Current Account is the net flow of current transactions with no restriction. Current Deposit
Accounts are suitable for those customers who need unlimited transactions because of no
restriction on withdrawal either in amount or in frequency.
Key Features:
 Minimum Initial deposit amount is only BDT 5, 000.00

 ATM card with easy access to Q Cash.

 Free ATM cash withdrawal facilities at all NGB ATM’s.

 Opportunity to apply for safe deposit like locker facility

4.2 Savings Account

NGB savings is a timeless savings account with basic features of general banking. It’s very own
savings account with no hidden charges or restrictions, while giving very attractive interest on
balances half yearly.

Key Features
 Interest rate 4% per annum

 Interest is paid twice a year

 Debit card facility

4.3 Simple Fixed Deposit Account

Simple Fixed deposit product that gives interest and principal at maturity: Tenor 01 month 03
months 100 days 06 months 12 months & above Interest Rate 5.50% 6.00% 9.50% 9.75%
10.50% Minimum deposit amount is BDT..

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4.4 Nature of Deposit
HUNDRED (100) DAYS FDR

Products Interest Rate

Hundred (100) Days 10.00%

FIXED DEPOSIT RATES (FDR)

Products Interest Rates

For One (1) Month 6.50%

For Three (3) Months 10.00%

For Six (6) Months 9.00%

For One (1) Year & above 9.00%

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SAVINGS DEPOSIT

Products Interest Rate

NGB Savings 4.00%

NGB Freshers 4.00%

NGB Perfect 4.00%

NGB Farmers Savings Deposit 4.00%

NGB Salary Account 4.00%

NGB Queen 4.00%

NGB Junior 4.00%

NGB NRB Swadesh 4.00%

SPECIAL/SHORT NOTICE DEPOSIT (SND)

Products Interest Rate

Short Notice Deposit 4.00%

**Minimum Balance Tk. 5000.00

DOUBLE BENEFIT SCHEME (DBS)

Products Interest Rate

07 Years 08 Months

DEPOSIT PENSION SCHEME (DPS)

Products Interest Rate

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 Three (3) Years 9.00%

Five (5) Years 9.00%

Eight (8) Years 9.00%

Ten (10) Years 9.00%

MONTHLY INCOME SCHEME (MIS) PER MONTH

Products Present Interest Rate

Six (6) Months 9.00% (B.T.)

Twelve (12) Months 9.00% (B.T.)

Thirty-Six (36) Months 9.00% (B.T.)

4.5. Online Banking

eBanking Services
Account Information Details
Keep track of your account round the clock. Conveniently, stay updated with your balance
history, manage your cheques, loans and keep track on your Fixed Deposit Account (maturity
dates, interest payments).
 View account information from your Current, Savings, Fixed Deposit and Term Deposit Account
 View your Loan Account information
 View account statement
 Manage your cheque books
 View clearing cheque status
 View detailed information of your Loan Account disbursement and repayment schedule of your loan

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 Fund Transfer
Transfer funds from your account to NRB Bank and other local bank accounts. You can transfer
your daily limit whenever you want.

Bills Pay & Mobile Top-up

Paying bills is now more convenient. You can pay bills online 24/7 virtually. Use eBanking to pay
your utility, credit cards, internet and mobile bills/top-up instantly.

e-Statement
You can receive e-Statements any time electronically .Moreover you can check your accounts
anytime, if there is an active internet connection.

Branch & ATM Locator

Get addresses, maps, driving directions, and banking hours for the NRB Bank branches and ATM
network locations.

Exchange Rate Inquiry

The Exchange Rate Inquiry option allows you to view the latest exchange rates for popular
currencies offered for buying and selling by the bank. The exchange rates will be displayed against
your account currency.

eBanking Access Through

How to register and activate your eBanking
 Fill up the registration form and submit to any NRB Bank branch
 System generated e-mail will be sent to your preferred e-mail address containing User ID and Log in
password
 To activate the eBanking account please call NRB Bank Call Center (+8809666456000)
 To Log in visit www.nrbbankbd.com using the provided User ID and Log in password
 You can also download the eBanking app free of cost from the available online app stores
 Change the Log in password after the first Log in
 OTP (One Time Password) will be sent to your preferred e-mail address before any transaction
authorization

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 4.6 NRBGB Cards

NGB Visa Classic Credit Card is only valid in Bangladesh. This card accepts only local trading.
BENEFITS FOR NGB VISA CLASSIC CARD – LOCAL:
SECURITY:
 NRB Global Bank introduced the enhanced latest technology EMV (Europay,
MasterCard & Visa) Chip to ensure the maximum security for the customers.
 NRB Global Bank is VbV (Verified by VISA) certified so that the Cardholders can
get additional protection while doing On-line Transaction.
 Introducing 2FA (Two Factor Authentication) secures the e-commerce
transactions.
ALL-PURPOSE CREDIT CARD:
 NGB credit card can be used for any payments to fulfil all your requirements,
shopping, dining out, holidaying, fueling up your vehicle, e-ticketing – just where
you need to meet your financial requirement, planned or on desire.

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 ZERO RENEWAL:
 NGB Visa Credit Card comes with a unique offer where you do not need to pay
the Renewal Fee if you transact for 18 times in a year. This gives you the
opportunity to save by using the card more.
CREDIT CONVENIENCE:
 NGB credit card offers 45-days maximum interest FREE period (condition apply).
No matter what your previous month balance was.
INSTANT TRANSACTION ALERT:
 Whenever you use NGB Credit Card, a system generated SMS will reach you in
your mobile phone stating your usage, date and time. This gives you complete
control over your card usage. This feature will give you complete peace of mind
as you can be assured of knowing any transaction that happens in your card.
FREE SUPPLEMENTARY CARD:
 NGB Credit Card will get the first supplementary card absolutely free.
Cardholders can preset monthly limit of the supplementary cardholders as a
percentage of their approved limit or any amount accommodated within the
approved limit.
LOWER INTEREST RATE:
 NGB Credit Card offers lower and attractive interest rate which is 1.67% per
monthly and 20% yearly.
E-STATEMENT SERVICE:
 No postal delays. No lost statements. No late payments. Just the convenience of
getting your monthly statement delivered directly to your email inbox. Why not
go for e-statement and be a part of green initiative!
IMMEDIATE CASH ADVANCE:
 Withdraw cash up to 50% of your total credit limit 24 hours a day from any NGB
ATM; or any NPSB and Visa ATMs within Bangladesh and Visa ATMs around the
globe.
AUTO DEBIT FACILITY:
 If you have an account with any NGB branch, you have the option of making the
payment of your monthly credit statement (either the minimum amount due or
the total amount due) directly through your bank account.

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 NO HIDDEN CHARGES:
 We believe in transparency that’s where we compete others. No surprise or
hidden charges!!
DISCOUNT FACILITY:
 NGB Credit card offers discount facility in selected outlets, Hotels, Hospitals,
Ticketing etc. Look forward for SMS for our time to time discount offers.

4.6.A.1 Credit Card Platinum

NGB Visa Platinum Credit Card is the optimum credit card of NRB Global Bank. This card has access in
both dual currencies in BDT and USD. This card is the ultimate card while purchasing, travelling,
dinning.

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 Benefits for NGB Visa Platinum Card:
SECURITY:
 NRB Global Bank introduced the enhanced latest technology EMV (Europay, MasterCard & Visa) Chip to
ensure the maximum security for the customers.
 NRB Global Bank is VbV (Verified by VISA) certified so that the Cardholders can get additional
protection while doing On-line Transaction.
 Introducing 2FA (Two Factor Authentication) secures the e-commerce transactions.
ALL-PURPOSE CREDIT CARD:
 NGB credit card can be used for any payments to fulfil all your requirements, shopping, dining out,
holidaying, fueling up your vehicle, e-ticketing – just where you need to meet your financial
requirement, planned or on desire.
ZERO RENEWAL:
 NGB Visa Credit Card comes with a unique offer where you do not need to pay the Renewal Fee if you
transact for 18 times in a year. This gives you the opportunity to save by using the card more.
WORLDWIDE CASH ADVANCE:
 You can withdraw cash from any Visa ATMs countrywide and also from Visa ATMs worldwide in over
210 countries. The withdrawal limit is 50% of your BDT or USD card limit.
CREDIT CONVENIENCE:
 NGB credit card offers 45-days maximum interest FREE period (condition apply). No matter what your
previous month balance was.
INSTANT TRANSACTION ALERT:
 Whenever you use NGB Credit Card, a system generated SMS will reach you in your mobile phone stating
your usage, date and time. This gives you complete control over your card usage. This feature will give
you complete peace of mind as you can be assured of knowing any transaction that happens in your
card.
FREE SUPPLEMENTARY CARD:
 NGB Credit Card will get the first supplementary card absolutely free. Cardholders can preset monthly
limit of the supplementary cardholders as a percentage of their approved limit or any amount
accommodated within the approved limit.
LOWER INTEREST RATE:
 NGB Credit Card offers lower and attractive interest rate which is 1.67% per monthly and 20% yearly.

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 E-STATEMENT SERVICE:
 No postal delays. No lost statements. No late payments. Just the convenience of getting your monthly
statement delivered directly to your email inbox. Why not go for e-statement and be a part of green
initiative!
IMMEDIATE CASH ADVANCE:
 Withdraw cash up to 50% of your total credit limit 24 hours a day from any NGB ATM; or any NPSB and
Visa ATMs within Bangladesh and Visa ATMs around the globe.
AUTO DEBIT FACILITY:
 If you have an account with any NGB branch, you have the option of making the payment of your
monthly credit statement (either the minimum amount due or the total amount due) directly through
your bank account.
NO HIDDEN CHARGES:
 We believe in transparency that’s where we compete others. No surprise or hidden charges!!
DISCOUNT FACILITY:
 NGB Credit card offers discount facility in selected outlets, Hotels, Hospitals, Ticketing etc. Look forward
for SMS for our time to time discount offers.

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 4.6.B Debit Card

NRB Bank VISA EMV

Global Debit Card
Features
 VISA EMV Chip card
 Free Cash Withdrawal from any NRB Bank ATM and 1500+ Q-Cash ATM Network
 Cash Withdrawal from any VISA Network ATM within Bangladesh
 POS Transaction by directly debiting your Bank account within Bangladesh
 Purchase online by directly debiting your Bank account within Bangladesh
 Free SMS Alert for any ATM, POS and Online transaction.
 Cash withdrawal, balance enquiry, Mini Statement and PIN Change option in NRB Bank
ATMs.
Fees & Charges
 Annual Fee : BDT. 500 + 15% VAT
 Card/PIN Replacement Fee : BDT. 300 + 15% VAT
 Cash Withdrawal from NRB Bank Ltd. : FREE
 Cash Withdrawal from Other Bank ATM : FREE
 SMS Alert Fee : FREE
Eligibility
 Customer must have FCY or RFCD account with NRB Bank.
 *Conditions Apply

4.6.C ATM

An automated teller machine (ATM) is an electronic telecommunications device that

enables customers of financial institutions to perform financial transactions, such as
cash withdrawals, deposits, transfer funds, or obtaining account information, at any time
and without the need for direct interaction with bank staff.
ATMs are known by a variety of names, including automatic teller machine (ATM) in the
United States[1][2][3] (sometimes redundantly as "ATM machine"). In Canada, the
term automated banking machine (ABM) is used,[4][5], although ATM is also very
commonly used in Canada, and many Canadian organizations use ATM over
ABM.[6][7][8] In British English, the terms cashpoint, cash machine and hole in the wall are
most widely used.[9] Other terms include any time money, cashline, nibank, tyme
machine, cash dispenser, cash corner, bankomat, or bancomat. Many ATMs have a
sign above them indicating the name of the bank or organisation that owns the ATM,

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and possibly including the networks to which it can connect. ATMs that are not operated
by a financial institution are known as "white-label" ATMs.
Using an ATM, customers can access their bank deposit or credit accounts in order to
make a variety of financial transactions, most notably cash withdrawals and balance
checking, as well as transferring credit to and from mobile phones. ATMs can also be
used to withdraw cash in a foreign country. If the currency being withdrawn from the
ATM is different from that in which the bank account is denominated, the money will be
converted at the financial institution's exchange rate.[10] Customers are typically
identified by inserting a plastic ATM card (or some other acceptable payment card) into
the ATM, with authentication being by the customer entering a personal identification
number (PIN), which must match the PIN stored in the chip on the card (if the card is so
equipped), or in the issuing financial institution's database.
According to the ATM Industry Association (ATMIA), as of 2015, there were close to 3.5
million ATMs installed worldwide.[11][12] However, the use of ATMs is gradually declining
with the increase in cashless payment systems.[1

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4.7 Donated of NRBGB

#NRB GLOBAL BANK LIMITED DONATED TK. 01

CRORE FOR MARKING THE BIRTH CENTENARY
CELEBRATION OF BANGABANDHU

NRB Global Bank Limited provided Tk.01 (One) crore to the “Bangabandhu
Memorial Trust” marking the birth centenary celebration of Bangabandhu.
Prime Minister Sheikh Hasina received the cheque from Mr. Nizam
Chowdhury, Chairman, Danny Chowdhury, Shareholder and Md. Mostafizur
Rahman Siddiquee, Additional Managing Director of the bank at
Ganobhaban on 6 January 2020, Monday. A H M Mustafa Kamal, FCA, MP,
Finance Minister and Md. Nazrul Islam Mazumder, Chairman, Bangladesh
Association of Banks (BAB) along with the Chairmen and top executives of
different banks were present in the program.

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4.8 Cheque
It is a written, dated and signed instrument that contains an unconditional order
from the drawer
that directs a bank to pay a definite sum of money to a payee. In legal terms, a
cheque is a bill of
exchange where the drawee is a bank. This is signed by the account holder
directing a certain
person to pay certain amount of money only to or to the order of a certain person
or to by barer
of the instrument, a cheque is always supposed to be drawn against the funds in
the person’s
account in the bank.
Issue of a Cheque Book
At the time of opening an account, a person is required to sign a “Cheque Book
Requisition
Slip”. If the account opening form is found complete in all respects, a cheque
book is issued to
client; the account number is written in cash leaf of the cheque book and in it
requisitions slip.
The name and account number of the client is also entered in the Departmental
cheque books
issued register against the particular cheque book series and it is also recorded in
the computer.
Lastly the requisition slip is preserved as voucher

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