Internet Banking by AB Bank
Name
Internet Banking
Description
AB Bank Internet Banking Login:
– https://ibanking.abbank.com.bd:9090/internetbankingABbank/login.do
AB Bank Internet Banking Login:
– https://ibanking.abbank.com.bd:9090/internetbankingABbank/login.do
The goals and objectives of Islamic banking Wing are as under:
* To facilitate the Islamic banking system in the country
* To create new entrepreneurs and to arrange required finance for them
* To play effective role for socio economic development of the country
* To give assistance in launching welfare oriented economic system under Islamic values
Under this wing AB Bank extends the following Islamic banking services:
* Deposit services
* Investment services
Under Deposit services the following services are being rendered:
* Mudaraba Savings Account
* Mudaraba Short Noticed Account
* Mudaraba Term Deposit Account (with different terms)
* Mudaraba Monthly Profit Account
* Al-Wadiah Current Deposit Account
* Mudaraba Deposit Pension Scheme
Besides Mudaraba Hajj Deposit Scheme and some other schemes are under process.
Investment Services
AB Bank Islmic Banking Wing provides investment facilities for project finance, working capital finance, SME finance, consumer / retail baking finance etc. under following modes:
* Hire-Purchase under Shirkatul Melk (HPSM): Under this mode the Bank and the client procure asset such as machinery, land , car etc. on equity participation basis. The Bank rents out its portion of assets to the client for a certain period. The client pays the rental with a part of principal amount on monthly / quarterly basis. The client gets its proportionate ownership with the payment of monthly / quarterly installments. On maturity, total ownership of the assets automatically goes to the client as and when final payment of the account is made.
* Ijara or Leasing: It is more or less like the HPSM. In this case equity participation may or may not exist. Ownership of the asset is not automatically transferred to the client with the payments of installments. On maturity, the bank transfers the ownership to the client on payment of certain transfer fees.
* Bai-Muajjal / Bai-Murabaha: These modes are applicable for working capital finance. Under these schemes bank purchases goods / raw materials as per requirement of the client. In case of Bai-Muajjal bank receives the sales proceed on deferred payment basis. On the other hand in case of Bai-Murabaha Bank receives the sale price at the time of delivery of the goods / raw materials. Before handing over the goods / raw materials the bank generally keeps the same in its custody under pledge.
* Musharaka : Under this mode the Bank and clients jointly participate in a project, in a scheme or project. Profit is shared between the Bank & the concerned client as per pre-agreed ratio. On the other hand loss is shared according to capital ratio.
* Mudaraba: Under this mode bank finances the scheme as a Shaheb-Al-Maal (owner of the capital). Profit is shared between the two sides as per pre-agreed ratio.
Sector of Investment:
Islamic Banking Wing of the bank finances in all sectors i.e., Industry, business, Agriculture, Real Estate etc. if purpose of the investment is permissible under Islamic Shariah.
Limit of Investment:
Investment is offered to the extent of single borrower exposure limit as fixed by the Bangladesh Bank from time to time.
Foreign Trade:
Islamic Banking Wing provides the following services at its foreign trade desks:
* Opening of LCs
* Post -Import Finance
* Export bill purchase and negotiation
* Pre-shipment financing etc.
AB Bank Islamic Banking Wing has been continuously trying to expand it’s service horizon keeping the necessity of valued clients in view and upholding the principle of Islamic Shariah.
Opening of Foreign Currency A/C: We open Foreign Currency Account in USD/GBP/EUR/JPY for NRBs. Foreign Currency can be remitted by the Nationals of Bangladesh living Abroad earned by them as wage earners or from other sources. The deposit amount can also be used for remittance to other countries as per their requirement. Nominee of Account holder can also able to operate this Account.
NFCD: We issued Foreign Currency Fixed Term Deposit in USD/GBP/EUR with different tenure. Interest is paid in respective Foreign Currency. Rates of Interest are published in our daily Exchange Rate.
Wage Earners Development Bond: These Bonds can be issued from the balance of the FC account with tenure for five years. Rate of interest is 12% p.a. in BDT.
USD Premium Bond: These Bonds can be issued from the balance of the FC account with a tenure for Three years. Rate of interest is 7.5% p.a. in BDT.
USD Investment Bond: These Bonds can be issued from the balance of the FC account with a tenure for Three years. Rate of interest is 6.5% p.a. in USD.
In addition to the above, we also have Drawing Arrangements with 20 (Twenty) Exchange/Money Transfer Remittance Houses all over the globe to facilitate fast, reliable and hassle-free inward remittance to the expatriate Bangladeshis around the world. We also have special arrangements to credit Beneficiary’s account maintained with us on the same day through our extensive real time on-line network.
List of Exchange / Money Transfer Remittance Houses are as follows:
Foreign Remittance through Exchange House
For Inward Remittance, AB Bank established extensive drawing arrangement network with Banks and Exchange Companies located in the important countries of the world.
Looking for a safe storage place for your valuables?
A Safe Deposit Locker with AB Bank is the solution to your concern. Located at select branches in cities all over the country, our lockers ensure the safe keeping of your valuables.
Advantages / Key Benefits:
* Wide Availability.
* Lockers available in various sizes. i.e. Small, Medium and Large with varying rents.
* Lockers are rented out for a minimum period of one year. Rent is payable in advance.
* The rent may be conveniently paid from your deposit account with us.
* Direct debits for locker rentals from your account rid you of the hassles in writing out cheques.
Eligibility:
An individual (not minor), firms, limited company, associations, clubs, trusts, societies, etc may hire a locker.
Nomination for Safe Deposit Locker:
* The Lockers and their contents can be nominated to people near and dear to you.
* Nomination facility is available to individual hirer of Safe Deposit Locker.
* In the case of a sole hirer of a safe deposit locker, nomination can be made in favour of only one individual.
* Where the safe deposit locker is hired in the name of a minor, the nomination shall be made by a person lawfully entitled to act on behalf of the minor.
Terms & Conditions:
* For obtaining a Locker at AB Bank you must be an account holder with our Bank.
* Lockers can be allotted individually as well as jointly.
* The Locker holder is permitted to add or delete names from the list of persons who can operate the Locker and can have access to it.
* Loss of Key is to be immediately informed to the concerned Branch.
* For Schedule of Rentals, please contact the branch nearest to you.
As such the bank has emphasized on the following issues:
* To provide the best services to the SME sector
* To increase the SME portfolio of ABBL significantly
* To improve the quality of ABBL’s portfolio
SME Sectors in which AB Bank has participated so far:
* Agro machinery
* Poultry
* Animal Feed
* Dairy Product
* Fruit Preservation
* Hotel & Restaurants
* Garments Accessories
* Leather products
* Plastic product
* Furniture : Wooden & Metal
* Ink
* Paint
* Printing & Packaging
* Wire & Cable
* Aluminum
* Cement and Lime Plaster
* Clinics and Hospitals
* Engineering & Scientific Instruments
ABIL’s head office is loacted at 30-3 Dilkusha C/A, Dhaka. ABIL has two branch offices at Agrabad, Chittagong and Chowhatta, Sylhet.
AB Minor
AB Major
Photo Identification Document | Issuing Authority |
National ID Card (Preferable) | Office of the Election Commission (EC) |
Current valid Passport | Department of Immigration & Passports |
Birth Certificate
or
| Birth Certificate issued by City Corporations, Municipal Corporation, Union Parishad and other Competent Authorities |
Customer resident in Bangladesh may open RFCD account with foreign exchange brought in at the time of their returns from travel abroad. Eligible currencies are USD, GBP, Euro, JPY.
Note:
All of the below mentioned individuals /concerns may open a Non-Resident Investor’s Taka Account (NITA) to buy Bangladeshi shares & securities etc.
If you are maintaining an account with ABBL, you will be able to have ABBL Visa Debit Card. Please visit AB Bank branch from where you opened the account, fill up the Application Form and submit it. You will receive your card within 7 working days.
To report and replacement of your lost/stolen Debit Card, please call our eBiz Customer Support at 16207 or +88 096789 16207 or email at [email protected] or visit any nearest Branch. Your card will be replaced within 2-3 working days and will be sent to your Branch.
Enjoy the best benefits on your AB Bank World MasterCard Credit Card with every use. AB Bank World MasterCard Credit Card is accepted at over 40,000,000 (40 Million) merchant points and over 2,000,000(2 Million) ATMs both within and outside Bangladesh. This card can be used for regular purchase ranging from Super Stores, Hotels, Restaurants, Airlines, Hospitals, Jewelry to Electronics and Computer Shops.
Considering the affluent segment of the society, AB Bank World MasterCard Credit Card is designed to offer the maximum credit limit of BDT 10,00,000 in accordance as per Bangladesh Bank guidelines.
At AB Bank Limited, you and your family are our highest priority. That is the reason, we offer you the opportunity to share your credit card benefits with your loved ones by availing free supplementary AB Bank World MasterCard Credit Card for them. A supplementary AB Bank Credit Card offers the following features:
Some of life’s surprises arise at the most unexpected moments. Treat your AB Bank MasterCard Credit Card as your instant source for cash. You can use it to get emergency cash when you need it most. To meet your immediate cash requirement, AB Bank MasterCard Credit Card’s cash advance facility allows you to withdraw instant cash from any AB Bank ATM and MasterCard ATMs across Bangladesh and at any ATM locations worldwide which has the MasterCard logo. You can withdraw up to 50% of your credit limit through this facility.
With the AB Bank Credit Card Balance Transfer Facility, you have the opportunity to pay off balances which you owe to other banks through your AB Bank Credit Card, on an affordable transfer rate.
As a valued customer AB Bank World MasterCard Credit Card gives you complimentary access to the comfort of Balaka Business Lounge at Hazrat Shahjalal International Airport, Dhaka. This free usage facility is extended to you and one travel companion.
We know your travel schedule tends to be hectic. We at AB Bank Ltd, invite you to experience the privilege of being a Priority Pass member. The Priority Pass Membership programme is the world’s largest independent airport lounge access program offered through Priority Pass to all AB Bank World MasterCard Credit Cardholders. Priority Pass Membership allows you access at over 1000+ VIP lounges in more than 130 countries and 500 cities worldwide, regardless of which class or airline you fly.
For the updated list of lounges, please go to lounge finder on www.prioritypass.com or simply download Priority Pass apps on smart phones for easy retrieval before travelling.
AB Bank Credit Card along with MasterCard offers a world of exciting discounts whether for shopping, fine dining, or world class travelling. In Bangladesh, over 1100 merchant outlets are offering fabulous discounts and/or zero percent interest EMI to AB World MasterCard Credit Cardholders. This will allow you not only to save money but also you can shop more with the money saved. The number of merchants offering discounts is increasing every day to cater to your growing needs.
With the transaction alert service, you can keep track of every transaction made through your Credit Card via SMS and even via Email. Moreover, you will get Credit Card’s mini statement details instantly without postal delays.
Our Call Centre is accessible 24 hours a day, 7 days a week, 365 days a year, from anywhere in the world. For any enquiry on your AB Bank Credit Card, simply call at 16207 (From Mobile Phone), 096789 16207.
Receive your statement as soon as it is available. No need to wait for 7 to 14 days of postal delivery. E-Statement is a digital version of your paper statements. You will receive your credit card statement in a password-protected file through your email. It eliminates waiting for your printed statements as well as storing and filing of the statements.
You have the flexibility to pay your monthly Credit Card bill by cash, cheque or by debiting your AB Bank Savings or Current Account. You also have the options to :
You can pay every month within 15 days after each billing date and thus you have the power and flexibility to plan your payments.
World MasterCard empowers you to pursue your dreams, wherever they take you. Take a memorable adventure and enter our world of carefully-curated opportunities, where unique experiences give you a new perspective. Explore our favourite premium merchants and get inspired by our selection of travel benefits.
Be the first to enjoy new experiences with the World MasterCard Experience Program which changes bi-monthly:
For more details, please visit the World MasterCard website at worldcard.mastercard.com.
Make your next vacation memorable. As a World MasterCard cardholder, your benefits include:
World MasterCard cardholders’ benefits include:
Visit www.happartners.com/mastercard to book your car today.
Get closer to the game like never before
As a World MasterCard® cardholder, you are automatically a member of a very exclusive club. Now this membership extends even further – to some of the most celebrated and legendary golf properties in the world. Play on world-famous TPC courses and receive on site perks at PGA TOUR events.
Enjoy the best benefits on your AB Bank Titanium MasterCard Credit Card with every use. AB Bank Titanium MasterCard Credit Card is accepted at over 40,000,000 (40 Million) merchant points and over 2,000,000 (2 Million) ATMs both within and outside Bangladesh. This card can be used for regular purchase ranging from Super Stores, Hotels, Restaurants, Airlines, Hospitals, Jewelry to Electronics and Computer Shops.
Considering the target customer segment, AB Bank Titanium MasterCard Credit Card is designed to offer the maximum credit limit of BDT 10,00,000 in accordance with Bangladesh Bank guidelines.
At AB Bank Limited, you and your family are our highest priority. That is the reason, we offer you the opportunity to share your credit card benefits with your loved ones by availing free supplementary AB Bank Titanium MasterCard Credit Card for them. A supplementary AB Bank Credit Card offers the following features:
Enjoy the best benefits on your AB Bank Gold MasterCard Credit Card with every use. AB Bank Gold MasterCard Credit Card is accepted at over 40,000,000 (40 Million) merchant points and over 2,000,000(2 Million) ATMs both within and outside Bangladesh. This card can be used for regular purchase ranging from Super Stores, Hotels, Restaurants, Airlines, Hospitals, Jewelry to Electronics and Computer Shops.
Considering the target customer segment, AB Bank Gold MasterCard Credit Card is designed to offer the maximum credit limit of BDT 5,00,000 in accordance with Bangladesh Bank guidelines.
At AB Bank Limited, you and your family are our highest priority. That is the reason, we offer you the opportunity to share your credit card benefits with your loved ones by availing free supplementary AB Bank Gold MasterCard Credit Card for them. A supplementary AB Bank Credit Card offers the following features:
Some of life’s surprises arise at the most unexpected moments. Treat your AB Bank Gold MasterCard Credit Card as your instant source for cash. You can use it to get emergency cash when you need it most. To meet your immediate cash requirement, AB Bank MasterCard Credit Card’s cash advance facility allows you to withdraw instant cash from any AB Bank ATM and MasterCard ATMs across Bangladesh and at any ATM locations worldwide which has the MasterCard logo. You can withdraw up to 50% of your credit limit through this facility.
With the AB Bank Gold Credit Card Balance Transfer Facility, you have the opportunity to pay off balances which you owe to other banks through your AB Bank Gold Credit Card, on an affordable transfer rate.
AB Bank Credit Card along with MasterCard offers a world of exciting discounts whether for shopping, fine dining, or world class travelling. In Bangladesh, over 1100 merchant outlets are offering fabulous discounts and/or zero percent interest EMI to AB Gold MasterCard Credit Cardholders. This will allow you not only to save money but also you can shop more with the money saved. The number of merchants offering discounts is increasing every day to cater to your growing needs.
AB Bank Exclusive Discount Partners
With the transaction alert service, you can keep track of every transaction made through your Credit Card via SMS and even via Email. Moreover, you will get Credit Card’s mini statement details instantly without postal delays.
Our Call Centre is accessible 24 hours a day, 7 days a week, 365 days a year, from anywhere in the world. For any enquiry on your AB Bank Credit Card, simply call at 16207 (From Mobile Phone), 096789 16207.
Receive your statement as soon as it is available. No need to wait for 7 to 14 days of postal delivery. E-Statement is a digital version of your paper statements. You will receive your credit card statement in a password-protected file through your email. It eliminates waiting for your printed statements as well as storing and filing of the statements.
You have the flexibility to pay your monthly Credit Card bill by cash, ch
Savings Deposits by AB Bank
Rate of Interest For ABBL FDR, 3% higher than the rate of deposit
12.00 % p.a. -15.00 % p.a. (for other Bank FDR)