MDB Super High Performance Corporate

MDB Super High Performance–Corporate Account offers the flexibility of a Current Deposit account with the added advantage of earning interest designed for businesses and professionals managing high-volume transactions.

Title	Details
Eligibility	All Private and Public Limited Companies registered under RJSC All Government/Semi-Government Organizations
Availability	As these product will only cater large value transaction needs of High Value customers, this product will be only available to Corporate Liability Management
Minimum initial deposit amount	Tk. 5,00,00,000/- (Five Crore)
Minimum Balance	Each account holder should maintain a minimum balance of BDT 1,00,00,000.00 (one crore) for availing interest for that day
Interest Accrual & Payment	Interest will be calculated based on daily basis and disbursed on monthly basis
Key Benefits	Free internet banking Free SMS/Alert Banking BEFTN Facility RTGS Facility
Cheque Book	Branch will issue cheque book against the account as per customers’ request Standard cheque issuing/BEFTN fee will apply
Required document	Bank’s prescribed Account Opening Form Registration certificate from the competent authority Approved constitutions by competent authority List of the executive committee/governing body along with their photographs Membership certificate, if any Board Resolution for opening and operation of bank account Two PP size photograph and NID of person operating the account Others, if any, to be obtained as per nature of the organization or institution
Internet Banking Facility	Internet Banking Facility and Midland Cash Management (MCM) will be available for all the accounts under this product
Account Maintenance Fee	The account maintenance fee will be as per the present Schedule of Charges (SOC) of MDB
Account Closure Fee	The account maintenance fee will be as per the present Schedule of Charges (SOC) of MDB
Tax, Excise Duty & VAT	Will be deducted as per NBR rules

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