General Banking Department
General Banking consists of the management of deposit, cash, clearinghouse, bills, account opening, security instruments handling, customer services, locker facilities and other ancillary services of the bank beside Advance and Foreign Trade.
DPS of All Bangladeshi Banks – Features, Interest Rates & Comparison (2025) A Deposit Pension Scheme (DPS) is a fixed monthly deposit plan where individuals save a certain amount every month for a specific tenure, typically ranging from 3 to 10 years. At the end of the term, the depositor […]
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Bank Draft: Comprehensive overview Introduction : Banks remit funds from one place to another through the network of their branches. The main instrument for remittance of funds are bank drafts, mail transfer, telegraphic transfer and traveller’s cheques. Here, we will focus are attention on features and operational aspects of bank […]
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Clearing: Definition-Types-Steps-Benefits-Limitations Ever wondered how money moves so smoothly between banks, stock exchanges, or businesses? The secret lies in a process called clearing. It might sound complex, but it’s something we interact with more often than we realize—whether paying for your morning coffee, transferring funds, or trading stocks. In this […]
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NFC Deposit Account NFC Deposit account means Non-Resident Foreign Currency Deposit A/C NFC Deposit A/C A/C At a glance Authorized dealers may open F.C A/C in the name of the followings persons without prior approval from Bangladesh Bank. All Bangladeshi Nationals/persons, including those having dual nationals / ordinarily residing abroad […]
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The procedure of account opening of local bodies The procedure of account opening of Local Bodies/Authorities, Club, Association, Society & School/College Accounts of local Bodies/Authorities: A banker has to exercise care/caution in its dealing with accounts of local Bodies/Authorities, like the account of any Govt. or Semi-Govt. Organization (Autonomous Bodies […]
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Common Irregularities in General Banking Common Irregularities in General Banking department of a Bank Common Irregularities in GB Cash department • Vault Limit exceeded. • Time of movement of cash to and from the vault is not being mentioned /recorded in the vault register. • Entry for inward and outward […]
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How to open a Partnership Account? 1. Account opening form of a bank to be filled in and signed by the account holder 2. Introduction by an account holder with signature and account number or any person which is acceptable to the bank 3. Two copies of recent passport size […]
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ATM is automatic teller machine (ATM) ATM is automatic teller machine (ATM): ATM is the acronym of automatic teller machine (ATM),which is also known as an automated banking machine (ABM) in Canada, is a computerized telecommunications device that provides the clients of a bank or financial institution with right of […]
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Cash Management-Maintenance of Keys and Security measures Cash Management, Maintenance of Keys and Security measures Introduction Cash is a very important and sensitive item for day-to-day transaction of the Branches. Internal check, supervision and monitoring at different stages of cash handling is extremely necessary to avoid the incidents of thefts, […]
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How to open Current Account of a Proprietorship Firm? The account of Proprietorship: Any business firm which is owned and run by an individual is called a proprietorship firm. On the other hand, a proprietorship is a company that is not registered with the state as a limited liability company […]
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Procedure for opening a bank account Procedure for opening a bank account WHAT IS ACCOUNT? An account is the individual record of an asset, a liability, a revenue an expense or capital in a summarized manner. It is also a report or description of an event or experience. The bank account […]
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Precautions for opening of an account in the name of an attorney-www.bankingallinfo.com What precautions should the banker take while opening of an account in the name of an attorney? A customer may appoint an attorney to deal with his bank account. The power of attorney may be either special or […]
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How to manage strong Room of a bank? Handling of Keys is one of the most critical activity at the branch. Robust control on keys directly reflects the discipline that a branch exudes. Keys can generally be classified into Critical and Non-critical. Critical keys are generally the keys for Cash […]
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Difference between Current account and Savings account Difference between Current account and Savings account The main sources of funds for banks are deposits from the customers. Banks lend the money accepted from the public to the people who need it by charging interest. Before knowing about the deposit accounts offered […]
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All bank Forms Downloads links of Bangladesh By visiting the apps you will get the various forms of account opening, Savings Account Opening Form, Current Account Opening Form, Cheque Book Requisition Form, ATM Debit Card Requisition Form, Foreign Currency Account Opening Form, FATCA Declaration form, Investment Application Form for SME […]
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