In Exam Bank, Al-Wadiah Current Account follows the Principle of Islami Shariah wherein the bank is deemed as a keeper and trustee of funds as Al-Amana, which means "on Trust". This deposit that operates by taking permission from depositors would be taken to use their fund according to Shariah Principle and depositors would not receive any kind of profit. As such the bank is under obligation to return the entire money on demand by the customer. The account is not time barred, i.e., Account Holder can withdraw money as many numbers of times as he wishes in a working day.
Main Features
- Halal way or without Riba (interest or usury) transaction.
- Unlimited deposit or withdrawal.
- No profit will be given.
- Cheque book facilities.
- ATM Card.
- Free online transaction.
- No Over Draft will be allowed in the account.
- SMS banking service includes balance inquires/Mini-statement by mobile phone.
Required Documents
- Account opening duly filled up and signed by account holder.
- 2 Copies passport size photographs of every operators duly attested by introducer.
- Photographs of National ID Card/Passport/Chairman certificates.
- Introducer signature.
Deposit Rates
Provisional Profit Rate is 0%.
Terms and conditions
- Bank may use the fund at its own discretion with prior permission of the account holder and without any risk to the account holder.
- Customer may be withdraw the entire (or part of) fund without any notice to the bank.
Export Import Bank of Bangladesh Limited (EXIM Bank) is one of the leading private commercial banks in Bangladesh. The Bank was established in the year 1999 under the leadership of Late Mr. Shahjahan Kabir, Founder Chairman who had a long dream of floating a commercial bank which would contribute to the socio-economic development of our country. From its establishment the bank was known as BEXIM Bank Limited. But due to legal constraints, the bank was renamed as EXIM Bank, which stood for Export Import Bank of Bangladesh Limited. As of 2014 the bank has operations across the country with 80 branches and 45 ATM booths. By July 2004 the bank has migrated all of its conventional banking operation into Shariah based Islamic banking.