Assignment onTypes of Deposit Accounts on Standard Chartered Bank Course Title: Fundamentals of Banking Course Code: FIN 201 Submitted by Name: Badhon Sarker ID NO.112-11-2104 Section: B Submitted by Rozina Akter Lecturer, Daffodil International University Date of Submission: 03/02/13
Fixed DepositFixed DepositStandard Chartered Fixed Deposits make your money work for you. With the advantage ofStandard Chartereds expertise, resources and experience, you can assure of maximizing thegrowth potential of your savings safely.Perfect combination of liquidity and returnsStandard Chartered wide range of fixed deposit products are the perfect combination of liquidityand returns. You have the freedom to choose from the desired period from one month to Fiveyears. If you need cash before the end of your fixed deposit term, Overdraft/Loan facilities areavailable against security of the deposit without losing the interest earning.NFCD AccountIt is an Interest bearing Foreign Currency (FCY) Term Deposit account.Special Features • No fees and charges • Dual-Nationals can open this account • Funds along with interest in these accounts can be freely repatriated abroad • No tax on interest • FCY can also be converted into Taka • The fund must be present in the account for at least 1 month to earn interestSavings AccountsSuper Savers PremiumStandard Chartered Savings Account- Now offers the Very Best in rates, services &conveniences. Introducing Super Savers Premium-Welcome to the world of privilegeKey Features • Maintain a monthly average balance of BDT 500K • Enjoy higher Interest rates by maintaining monthly average balance of BDT 500K • Get your interest every month. Interest will be accrued on monthly average balance and applied monthly • Platinum Debit Card is available with your Premium account • Get a FREE 25-leaves personalized Cheque book • Earn Attractive Rewards on Debit Card Transactions at merchant Outlets • Enjoy greater conveniences with best Fast Track services and Value PropositionsSuper Savers AccountYou want a Savings Account that understands your need better! The Standard Chartered SuperSavers brings you the ultimate trust, security and convenience in Savings Account. AnyBangladeshi national with an age of 18 years or above can open this account.