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Deposit Products (Local Currency):

There are mainly two types of deposits:

(i) Demand deposit: Demand deposits are the deposits which are payable on demand. These are
√ Al-Wadia Current deposits
√ Sundry deposits
√ 9% of Mudaraba Savings deposit
√ Balances of Bills Payable account.

(ii) Time deposit: Time deposits are those which are deposited for a definite period of time on certain rate
of profit/interest, normally not withdrawable on demand. But in special cases the depositors may withdraw their
fund before maturity period and in such cases banks penalize the depositors by not giving interest/profit wholly
or partly as per rule of the bank. The time deposits are –

√ Mudaraba Short term deposits

√ Mudaraba Term Deposit (MTDR) / FDR
√ Mudaraba Scheme deposits
√ 91% of Mudaraba Savings deposits.

i) Mudaraba Savings Deposits (MSD)

Mudaraba Savings Deposit Account is a mode of deposit Account which is operated under Mudaraba Principles. Under
this mode of deposit A/c the clients can deposit money at any time but can withdraw their deposited money under certain
conditions if they would like to get profit on the MSD accounts. Profit rate 4.00% . Features of MSD account:

a. The account may be opened with a minimum deposit of Tk.200.00.

b. The weightage of the Mudaraba Deposit A/c is 0.75.
c. If such type of deposit Account remains inoperative for 02(Two) years it will be treated as Dormant Account.   
d. Govt. tax deduction is applicable.
e. Profit is calculated on monthly basis and applied half yearly basis.

ii) Mudaraba Special Notice Deposits (MSND)

Bank accepts such kind of deposit which is withdrawable at notice of seven days. The account is maintained like a
Mudaraba savings account. Profit rate 2.00% to 4.00%. Features of MSND account:

a. Minimum required balance of Tk.1000.00.

b. The weightage of the Mudaraba Deposit A/c is 0.62.
c. Profit is calculated daily basis and applied half yearly basis.
iii) Mudaraba Term Deposits (MTD).

MTDR means Mudaraba Term Deposit Receipt. It is a receipt issued by our Bank branches against deposit of certain
amount of money by customer(s)/person(s)/organisation, after observing the rules of Anti Money laundering, for a fixed
period but not less than one month with a commitment to return his/their deposited money with more or less certain
percentage of profit (Tax & Excise duty applicable) after expiry of the period. The minimum amount of MTDR, rate,
renewal procedure and premature encashment rules determined & circulate by our Head Office from time to time.
Profit rate : 01m-4.00%, 03m-6.00%, 06m-6.00% (less than 1 crore), 12m-6.00%( less than 1 crore), 24m-7.50%, 36m-
7.50%)
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Mudaraba Krishi Monthly Savings Schemes (3y, 5y, 8y, 10y, 12y)
(One can Deposit Tk. 50.00 and its Multiple Amount)

Mudaraba Swapno Monthly Savings Schemes (3y, 5y, 8y, 10y, 12y)
(One can Deposit Tk. 100.00 and its Multiple Amount)

Mudaraba Monthly Student Savings Scheme (Exim Student Savers) — (3y, 5y, 8y, 10y, 12y)
(Any student can Deposit Tk. 200.00, Tk.500.00 and Multiple of Tk.500.00 Amount)

EXIM Ruhama —3 Year

Minimum Deposit Tk.

EXIM Ruhama Rate 
25,000.00
Monthly Installment Tk.
3 (Three) Years' Probable Double Benefit Scheme 7.45%
479.00

EXIM Ziadah —5 Years

Minimum Deposit Tk.

EXIM Ziadah  
25,000.00
Monthly Installment Tk.
5 (Five) Years' Probable Triple Benefit Scherne 7.45%
543.00

Mudaraba Cash Wakf Diposit-- @ 8.50%

Mudaraba Cash Waqf Deposit” account is a perpetual savings deposit account based on Islamic Shariah for mobilizing
fund from the interested eligible depositors.

This mode of deposit provides a unique opportunity for the well off and the rich people of the society to invest in different
religious, educational and social services. In this case, Bank issues Cash Waqf Certificate to collect funds from the rich and
benevolent people of the society and distributes gains of the managed funds to the poor or any allowed sectors.

Main features:
a. The account may be opened with a minimum amount of Tk. 10,000.00 and later on Tk.1000 and its multiple
amount can be deposited.
b. Specially designed certificate against cash waqf deposit.
c. Investment of fund as per Islamic Shariah
d. Option of Standing Instruction for depositing installment(s) from MSD/MSSD Account to complete total
committed amount of Waqf by Waqif(s).
e. Opportunity for creating “Sada ka-e-Jaria”.
f. Opportunity for managing fund by efficient bodies (Bank) even after the death of Waqif(s).

The Weightage of this account is 1.19

Mudaraba Shefa Monthly Savings Deposit Schemes (3y, 5y, 8y)

(One can Deposit Tk.100.00 and Multiple of Tk.100.00 Amount)
Profit rate : 3y-6.93%, 5y-7.03%, 8y-7.18% (MSS+0.25)
Special Features:

 Investment facility up to 90% of deposited amount after completion of 01 (one) year.

 Upto 30% discount facility in case of taking medical facility from Exim Bank Hospital.

N.B. The deposit Rate and installment schedule may change time to time as per Head Office Circular.

Deposit Products (Foreign Currency):

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1) Private Foreign Currency Accounts (FC) :

AD Branch may without prior approval of the Bangladesh Bank open foreign currency accounts in the names of
(a) Bangladesh nationals residing abroad (b) foreign nationals residing abroad or in Bangladesh and also foreign
firms registered abroad and operating in Bangladesh or abroad (c) Foreign missions and their expatriate
employees. Bangladesh Bank may specially allow opening of
foreign currency accounts not covered by this general authorization.

2) Non-Resident Foreign Currency Deposit Accounts (NFCD):

All non-resident Bangladesh nationals and persons of Bangladesh origin including those having dual nationality
and ordinarily residing abroad may maintain interest bearing time deposit accounts named "Non-Resident
Foreign Currency Deposit (NFCD) Account" with the ADs.

3) Resident Foreign Currency Deposit Accounts (RFCD)

Persons ordinarily resident in Bangladesh may open and maintain Resident Foreign Currency Deposit (RFCD)
accounts with foreign exchange brought in at the time of their return from travel abroad. Any amount brought in
with declaration to Customs Authorities in form FMJ and upto US $ 5000 brought in without any declaration,
can be credited to such accounts. However, proceeds of export of goods or services from Bangladesh or
commission arising from business deals in Bangladesh shall not be credited to such accounts.

SLR, CRR and CAR:

CRR Bond and Securities Total SLR

Conventional Banks 5.50% 13.00% 18.50%
Islamic Banks 5.50% 5.50% 11.00%
(Source: Bangladesh Bank MPD Circular-01, Date: 03-04-2018, effect from 15-04-2018)

Internet Banking :
A system allowing individuals to perform banking activities at home, via the internet, is known as INTERNET
BANKING.

AISER is an Arabic originated word meaning easy in dealing. AISER is an internet banking system which
allows EXIM Bank customers perform explicit banking under secured and easy environment. Abbreviation of
AISER is “ Access IBanking with Secured & Easy Rationale”.

Functions/ Benefits of AISER :

Balance Enquiry
Stetement print
Activity Search
Mobile Recharge (Maximum Tk.10,000, Tk. 50 to Tk.2000 in single transaction)
Fund transfer : 1) Fund Transfer within personal Accounts
2) Fund Transfer with other Accounts of EXIM Bank
3) Fund Transfer to other bank Accounts (Through BEFTN)
EXIM Credit Card Bill Payment
Positive Pay Instruction
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Procedure of opening AISER A/c :

After filling up the AISER form, User ID to be activated through SMS & E-Mail PIN Code provided by ADC
Department. After Activation of User ID customer will be able to perform all above transactions.

EXIM eWallet is our “App” based internet banking system which can be download from Google
Play Store: https://play.google.com/store/apps/details?id=com.eximbankbd.AiserEwallet

BACH & it’s Operation:

Bangladesh Automated Clearing House (BACH)

The most important step towards modernizing payment system is the establishment of the Bangladesh
Automated Clearing House (BACH). Bangladesh Automated Cheque Processing System (BACPS) is one of
two components of BACH. The other component of BACH is the Bangladesh Electronic Funds Transfer
Network (BEFTN).

Objectives of BACH
 Modernize country’s Payment System.
 Minimize cost involvement.
 Maximize speed of payment.
 Minimize fraud and forgery.

BACPS
The word ‘BACPS’ means Bangladesh Automated Cheque Processing System. BACPS is one of the
components of BACH. The basic features of BACPS are the adoption of new cheque design standard with a
magnetic ink character recognition (MICR) code line and the exchange of cheque-image and data instead of
paper cheque for clearing and settlement purpose.

MICR Cheque
Magnetic Ink Character Recognition (MICR) is a recognition technology based on characters printed with
magnetic ink or toner and processed by being magnetized and sensed magnetically. MICR characters are
printed information on documents so that the code line information can be captured by magnetic recognition.

MICR Cheque Standardization

• Paper (CBS1 Paper)

• Size (7.5” x 3.5”)
• Fixed position of Areas
• Image friendly

MICR Cheque Characteristics:

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1) Watermark – Exim Bank logo

2) Microprint – Written “Export Import Bank of Bangladesh Ltd” in less then 0.010 inch letter.
3) Magnetic Ink- Code line in Magnetic Ink.
4) Erasable Inks for Cheque Background
5) UV Fluorescent
6) Chemical Sensitivity

MICR LINE

MICR line have total 53 characters

07 digits : For serial Number
09 digits : For routing Number
13 digits : For account Number
02 digits : For transaction Code
12 digits : For amount (10 digits for Taka and left 2 digits for paisa.)
Another 10 digits for symbol and space as per showing above.
BEFTN

A Network among the banks to facilitate the electronic exchange of debit and credit transactions. This will be
operated as a batch processing system The word ‘BEFTN’ means Bangladesh Electronic Fund Transfer
Network. BEFTN is another component of BACH. BEFTN will operate as a processing and Delivery centre
providing for the distribution and settlement of electronic Credit and debit instruments among all participating
Banks.

Participants of BEFTN
 Originator
 Originating Bank (OB)
 EFT Operator (BEFTN)
 Receiving Bank (RB)
 Receiver

BD-RTGS (Bangladesh Real time Gross Settlement):

Bangladesh Bank Circular : PSD Circular -09 & 10 (Live on 29-10-2015)

Real-time gross settlement systems (RTGS) are specialist funds transfer systems where transfer of
money or securities takes place from one bank to another on a “real time” and on “gross” basis.
Settlement in “real time” means payment transaction is not subjected to any waiting period.

“Gross Settlement” means the transaction is booked in Central Bank’s account on one to one basis
without netting with any other transaction.

BD-RTGS is a real time interbank electronic fund transfer mechanism for both local and foreign
transaction.

Participants of BD-RTGS
 Originator (Customer)
 Originating Bank (OB)
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 RTGS Operator
 Receiving Bank (RB)
 Receiver

Transaction Limit:
Min. Tk.1,00,000 & Above (May relax for TAX, VAT & Custom Duty)
No limit for Foreign Currency

Transaction Time:
10.00 am to 4.00 pm ( Interbank transaction upto 4.30 pm)
(Bank may receive customer instruction by 3.00 pm)

Acceptable Currencies:
1. Bangladesh Taka (BDT)
2. British Pound (GBP)
3. Canadian Dollar (CAD)
4. Euro (EUR)
5. Japanese Yen (JPY) and
6. US Dollar (USD