Southeast Bank Limited

A Bank With Vision

Personal
Banking: Terms &
Conditions

Savings Account: Single / Joint

1. A Depositor may deposit money as often as he or she wishes. Cheques and Dividend warrants will
be accepted for collection and credited on realization to Savings Bank Account provided the Bank is
satisfied as to the identity of the payee.
2. The minimum balance required to be maintained at all times is Tk.5,000/- and the Bank reserves
the right to change the minimum balance requirement and / or close such account without prior
notice if the balance falls below this amount.
3. The Bank reserves the right not to pay any cheque presented that contravenes the rules. In the
event of a cheque being returned for want of funds a Penalty charge as fixed by the Bank from time
to time for each presentation will be made.
4. Withdrawals may be made by cheque or withdrawal slips supplied by the Bank. In the case of
withdrawals by cheque it is not necessary for a depositor to attend personally at the Bank to
withdraw money.
5. A depositor can withdraw from his Savings Bank Deposit account twice in a week, 25% of his / her
balance or Taka 25,000/- whichever is lower. If any depositor wants to withdraw more than 25% of
the balance or more than Taka 25,000/-, 7 days notice is required to be served to the Bank for
information, otherwise the customer will not be entitled to get interest for that month. If any
depositor repeatedly withdraws more than 25% of the balance or more than Taka 25,000/- or more
than twice in a week, service charge as applicable for Current Account will be applicable to that SB
account.
6. Rate of interest may be changed from time to time, and this should be ascertained from the Branch
concerned. Any change in rate will be displayed at the branch.
7. Interest will be allowed only on accounts bearing a minimum balance of Tk. 5,000/- per calendar
month. Subject to the foregoing, calculations will be made for each calendar month on the lowest
credit balance in an account for that month.
8. It is in the interest of the account holder that every change of address be intimated to the Bank
promptly.
9. The Bank reserves the right to refuse or close any account without assigning any reason thereof.
10. If the provisions of these rules are contravened continually, the Bank will be empowered to levy a
service charge at its discretion.
11. The Bank reserves the right to alter or add to these rules at any time.
12. To hold the Bank free from any and all responsibilities for, and to indemnify it against any loss or
damage to funds, securities or property deposited with the Bank due to any negligence on the part
of the customer or any order of Government or other Authority, law, levy, Tax, embargo,
moratorium, exchange restriction or any other cause whatsoever beyond its control.
I/ We have gone through the above rules and regulations governing the operations of this account and
hereby agree to abide by the same. The rules are subject to change from time to time at the discretion
of the Bank.

Signature of the Applicant

Signature of the Applicant

Signature of the Applicant

Short Term Deposit Account: Single / Joint

A. The rate of interest on Short Term Deposit is subject to change from time to time. For withdrawal of any
amount from the STD Account, 7 (seven) / 30 (thirty) days prior notice, as per option will be required.
Otherwise, interest for the month will be forfeited.

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Southeast Bank Limited

A Bank With Vision

Personal
Banking: Terms &
Conditions

I/ We have gone through the above rules and regulations governing the operations of this account
and hereby agree to abide by the same. The rules are subject to change from time to time at the
discretion of the Bank.

Signature of the Applicant

Signature of the Applicant

Signature of the Applicant

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