Bank accounts without maintenance fees and charges
Dinu Pramanik
Generally, service charges and government fees are to be paid at fixed rates annually and semi-annually for opening and maintaining bank accounts. But some banks’ accounts have no operating expenses at all. It is no longer a new thing for bank deposit customers to be able for opening and operating bank accounts without incurring operating charges or expenses. Bangladesh Bank is introducing no-frills accounts to open and operate bank accounts without incurring costs.
As per FID Circular Letter No. 01/2022, March 27, 2022, of Bangladesh Bank framed for opening and operating no-frills accounts of Tk.10/50/100 account holders of marginal/landless farmers, low-income professionals, school banking account holders, small traders and freedom fighters accounts are no service...