A current Deposit (CD) Account is a transactional account where there is no restriction on the number of transactions in the account. A current Deposit (CD) Account can be opened for individuals and business concerns including non-profit organizations.
=>Features and Benefits:
    =>Unlimited transactions (both deposit and withdrawals) are allowed.
    =>Personalized MICR Cheque Book is available.
    =>No withdrawal notification is required.
    =>Nominal service charge.
    =>Any branch banking facility (Cash withdrawal and deposit from any branch)
    =>Bank accepts Standing Instructions from A/C holders.
    =>Nomination facility is available to nominate beneficiaries for account proceeds.
    =>Charge free statement of A/C, Balance Confirmation Certificate twice a year on a half-yearly basis.
    =>Option is available to collect e-Statement on monthly basis.
=>Eligibility:
    =>CD Accounts can be opened both for Individuals and Firms/Corporate/ Autonomous Bodies etc.
    =>CD Accounts can be opened both for resident and non-resident Bangladeshi Nationals.
    =>Age bar for Personal CD Account: 18 years or above.
    =>Single/Joint account can be opened.
    =>Minor account can be opened under the supervision of his / her / their guardian.
    =>Account can be opened in the name of Trust / Club / Association / Societies / Non - Trading Concerns.
=>Requirements:
Applicants must satisfy the following documentation requirements:
    =>Personal Banking
        =>For residents of Bangladesh:
            =>Photocopy of Citizenship Certificate / Passport / National I.D. Card / Driving License.
            =>Two copies of recent passport size photograph duly attested by the introducer.
            =>Certified document(s) for the source of income.
            =>Tin Certificate.
            =>Proof of communication address: Photocopy of an Electricity Bill / Gas Bill / Wasa Bill / Telephone Bill.
            =>The account requires an introduction by an existing and satisfactory account holder of Bangladesh Development Bank Limited.
            =>Initial deposit of Tk 5,000/- for urban clients and Tk 1,000/- for rural clients.
            =>Nominee form and photograph of nominee(s) (signature attested by the account holder). In the case of the minor nominee, a copy of the birth certificate and photograph is required;
            =>Personal Information Form.
            =>Transaction Profile.
            =>KYC Form.
            =>Account Opening Form to be duly filled in and signed by the A/C holder and to be authenticated by Bank’s authorized officials.
        =>Additional Requirements for Non - residents of Bangladesh:
            =>As per existing Foreign Exchange guidelines of Bangladesh Bank.
            =>Photocopy of passport with valid visa and work permit attested by their respective Embassy / Mission authority.
            =>Two copies of passport size photograph duly attested by their respective Embassy / Mission authority.
            =>Tax Certificate issued by the foreign country.
            =>Form QA-22
    =>Corporate Banking:
        =>Sole Proprietorship Concern:
            =>Copy of valid Trade License;
            =>Permission of Board of Investment required for FC (Foreign Currency) Account;
            =>Declaration for opening foreign currency account duly filled in and signed;
            =>Recent passport size photograph(s) of signatory attested by the introducer. (Photographs of the signatory of non - residents of Bangladesh shall be attested by the their respective Embassy / Mission authority);
            =>Photocopy of Citizenship Certificate / Passport / National I.D. Card / Driving License. (Photocopy of valid Passport of the signatory of non-residents of Bangladesh shall be attested by the their respective Embassy / Mission authority);
            =>Initial deposit of Tk 5,000/- for urban clients and Tk 1,000/- for rural clients.
            =>Official Seal;
            =>Tin Certificate (If Any);
            =>Personal Information Form.
            =>Transaction Profile;
            =>KYC Form
            =>Account Opening Form to be duly filled in and signed by the A/C holder and to be authenticated by Bank’s authorized officials.
        =>Partnership Concern:
            =>Copy of Partnership Deed of the Firm (Registered / At least notarized);
            =>Firm Registration Certificate (if registered);
            =>List of Partners with their addresses;
            =>Copy of valid Trade License;
            =>Permission of Board of Investment required for FC (Foreign Currency) Account;
            =>Recent passport size photograph(s) of signatory/signatories attested by the introducer. (Photograph(s) of the signatory/signatories of non-residents of Bangladesh shall be attested by their respective Embassy / Mission authority);
            =>Photocopy of Citizenship Certificate / Passport / National I.D. Card / Driving License. (Photocopy of valid Passport of the signatory of non-residents of Bangladesh shall be attested by their respective Embassy / Mission authority);
            =>Resolution of the partners of the firm for opening the account and authorization for its operation duly certified by the managing partner of the firm;
            =>Initial deposit of Tk 5,000/- for urban clients and Tk 1,000/- for rural clients.
            =>Official Seal;
            =>Tin Certificate (If Any);
            =>Personal Information Form.
            =>Transaction Profile;
            =>KYC Form
            =>Account Opening Form to be duly filled in and signed by the A/C holder and to be authenticated by Bank’s authorized officials.
        =>Private Limited Company:
            =>Certified true copy of Certificate of incorporation;
            =>Certified true copy of the Memorandum & Articles of Association of the Company duly attached;
            =>Certified true copy of Form XII of the company;
            =>Permission of Board of Investment required for FC (Foreign Currency) Account;
            =>Extract of the Resolution of the Board Meeting of the Company for opening the account and authorization of its operation duly certified by the Chairman / Managing Director of the Company;
            =>Recent passport size photograph(s) of signatory/signatories attested by the introducer. (Photograph(s) of the signatory/signatories of non-residents of Bangladesh shall be attested by their respective Embassy / Mission authority);
            =>Photocopy of Citizenship Certificate / Passport / National I.D. Card / Driving License. (Photocopy of valid Passport of the signatory of non-residents of Bangladesh shall be attested by their respective Embassy / Mission authority);
            =>List of Directors with addresses;
            =>Copy of valid Trade License;
            =>Official Seal with designation;
            =>Initial deposit of Tk 5,000/- for urban clients and Tk 1,000/- for rural clients.
            =>Tin Certificate;
            =>Personal Information Form.
            =>Account Opening Form to be duly filled in and signed by the A/C holder and to be authenticated by Bank’s authorized officials.
        =>Public Limited Company:
            =>Certified true copy of Certificate of incorporation;
            =>Certified true copy of the certificate of commencement;
            =>Certified true copy of the Memorandum & Articles of Association of the Company duly attached;
            =>Certified true copy of Form XII of the company;
            =>Permission of Board of Investment required for FC (Foreign Currency) Account;
            =>Extract of the Resolution of the Board Meeting of the Company for opening the account and authorization of its operation duly certified by the Chairman / Managing Director of the Company;
            =>Recent passport size photograph(s) of signatory / signatories attested by the introducer. (Photograph(s) of the signatory / signatories of non - residents of Bangladesh shall be attested by the their respective Embassy / Mission authority);
            =>Photocopy of Citizenship Certificate / Passport / National I.D. Card / Driving License. (Photocopy of valid Passport of the signatory of non - residents of Bangladesh shall be attested by the their respective Embassy / Mission authority);
            =>List of Directors with addresses;
            =>Copy of valid Trade License;
            =>Official Seal with designation;
            =>Initial deposit of Tk 5,000/- for urban clients and Tk 1,000/- for rural clients.
            =>Tin Certificate;
            =>Personal Information Form.
            =>Transaction Profile;
            =>KYC Form;
            =>Account Opening Form to be duly filled in and signed by A/C holder and to be authenticated by Bank’s authorized officials.
        =>Trusts / Clubs / Associations / Societies / Co - operatives / NGO / Non - trading Concerns:
            =>Certified true copy of the constitution / By - Laws / Trust Deed / Memorandum and Articles of Association;
            =>Certificate of Registration of the Association / Club / Charity / Trust / Society / Co-operative / NGO / Non - trading concern for inspection and return (along with a duly certified photocopy for Bank’s records);
            =>List of members of the Governing Body / Executive Committee of the Association / Club / Charity / Trust / Society / Co-operative / NGO / Non - trading concern with their addresses;
            =>Extract of Resolution of the Association / Club / Charity / Trust / Society / Co - operative / NGO / Non-trading concern for opening the account and authorization of its operation duly certified by the Chairman / Secretary of the Association / Club / Charity / Trust / Society / Co - operative / NGO / Non - trading concern etc.
            =>Recent passport size photograph(s) of signatory / signatories attested by the introducer. (Photograph(s) of the signatory / signatories of non - residents of Bangladesh shall be attested by the their respective Embassy / Mission authority);
            =>Photocopy of Citizenship Certificate / Passport / National I.D. Card / Driving License. (Photocopy of valid Passport of the signatory of non - residents of Bangladesh shall be attested by the their respective Embassy / Mission authority);
            =>Initial deposit of Tk 5,000/- for urban clients and Tk 1,000/- for rural clients.
            =>Official Seal mentioning designation
            =>Personal Information Form.
            =>Transaction Profile;
            =>KYC Form
            =>Account Opening Form to be duly filled in and signed by A/C holder and to be authenticated by Bank’s authorized officials.
=>Rate of Interest & Fees:
    =>No Interest is paid on CD Account.
    =>Fees and Charges: As per existing schedule of charges which is separately displayed/shown on the web site.

Opening the account requires the completion of required documentation and satisfactory KYC formalities.

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