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Schedule of Charges

All retail banking service tariff of AB Bank PLC. This table of charges is revised and to be effective from 1 January 2018.

Deposit Accounts

Items	Nature of Charges	Features & Fees
Current Account - Local Currency
Account Maintenance Fees	Fees	BDT 500.00 (half-yearly)
Account Maintenance Fees - Progati (SME Business Account)	Fees	Free (1st year exemption only)
Closing of Account	Charges	BDT 300.00
Current Account - Foreign Currency
Account Maintenance Fees (Except Wage Earner's Account)	Fees	BDT 500.00 or equivalent USD, GBP or EUR (half-yearly)
Closing of Account	Charges	BDT 300.00 or equivalent USD, GBP or EUR
Savings Account
Account Maintenance Fees (average balance up to BDT 5,000.00)	Fees	Free
Account Maintenance Fees (average balance BDT 5,000.00 above and up to BDT 25,000.00)	Fees	BDT 100.00 (half-yearly)
Account Maintenance Fees (average balance above BDT 25,000.00)	Fees	BDT 300.00 (half-yearly)
Closing of Account	Charges	BDT 200.00
Shampurna (Savings Account)
Account Maintenance Fees (average balance up to BDT 5,000.00)	Fees	Free
Account Maintenance Fees (average balance BDT 5,000.00 above and up to BDT 25,000.00)	Fees	BDT 100.00 (half-yearly)
Account Maintenance Fees (average balance above BDT 25,000.00)	Fees	Free
Closing of Account	Charges	BDT 200.00
Max Saver Account
Account Maintenance Fees (average balance up to BDT 5,000.00)	Fees	Free
Account Maintenance Fees (average balance BDT 5,000.00 above and up to BDT 25,000.00)	Fees	BDT 100.00 (half-yearly)
Account Maintenance Fees (average balance BDT 25,000.00 above and up to BDT 49,999.00)	Fees	BDT 300.00 (half-yearly)
Account Maintenance Fees (average balance of BDT 50,000.00 or above)	Fees	Free
Closing of Account	Charges	BDT 200.00
Smart Saver Account
Account Maintenance Fees	Fees	Free
Closing of Account	Charges	BDT 200.00
AB Student Account (AB Minor & AB Major)
Account Maintenance Fees	Fees	No charge will be applicable for AB Student Account (Government Duties will be imposed as per law)
Closing of Account	Charges
Special Notice Deposit (SND) Account
Account Maintenance Fees	Fees	BDT 500.00 (half-yearly)
Closing of Account	Charges	BDT 300.00
Non-Resident Foreign Currency Deposit Account (NFCD)/ Resident Foreign Currency Deposit Account (RFCD)
Minimum opening balance		USD 1,000.00
		GBP 500.00
		EURO 1,000.00
Closing of Account	Charges	BDT 300.00, or equivalent USD, GBP or EURO
Convertible Account
Account Maintenance Fees (half-yearly)	Fees	BDT 500.00 for Current deposit account BDT 300.00 for Savings bank account
Counter Transaction Fees	Fees	Free
Closing of Account	Charges	Free
Dormant Account
Activation charge for Dormant Account (not applicable for Non-resident account)	Charges	BDT 500.00
Activation charge for AB Student Account	Charges	Free

Other Services - All Deposit Accounts

Items	Nature of Charges	Features & Fees
Statements/ Certificates
Account Statement	Charges	Free
Balance Confirmation Certificate	Charges	Free
Issue of Duplicate Statements	Charges	BDT 300.00 (current year)
		BDT 500.00 (previous per year)
Solvency Certificate	Charges	BDT 300.00
Issue of BO Certificate	Charges	BDT 100.00
Issue of Duplicate Balance Confirmation Certificate	Charges	BDT 200.00
Certificate of Interest	Charges	BDT 250.00
Encashment Certificates (FD, Bonds, Securities etc.)	Charges	BDT 250.00
Closing Fees of All Unsatisfactory Account	Charges	BDT 200.00 for Savings & Max Savers account
		BDT 300.00 for Current Deposit account & SND account
Cheque Books
Savings/ Current Account- 20 Leaves	Charges	BDT 5.00 per leaf
SND/ Current Account- 50 Leaves
Max Saver (average balance up to BDT 49,999.00)- 20 Leaves	Charges	BDT 5.00 per leaf
Max Saver (average balance of BDT 50,000.00 or above)- 20 Leaves	Charges	Free
Smart Saver- 20 Leaves	Charges	BDT 10.00 per leaf
Student Account- 20 Leaves	Charges	Free
Uncollected Cheque book (destruction within 6 months)	Charges	BDT 100.00
Shampurna (Savings Account) (if average balance of BDT 25,000.00)	Charges	1st cheque book free
Debit Card
Yearly Fee	Fees	BDT 500.00
Yearly Fee (yearly minimum balance BDT 1,00,000.00)	Fees	Free
Yearly Fee: Max Saver (yearly average balance up to BDT 49,999.00)	Fees	BDT 500.00
Yearly Fee: Max Saver (yearly average balance of BDT 50,000.00 or above)	Fees	Free
Yearly Fee: Smart Saver (yearly average balance up to BDT 4,999.00)	Fees	BDT 500.00
Yearly Fee: Smart Saver (yearly average balance of BDT 5,000.00 and above)	Fees	Free
Yearly Fee: Student Account	Fees	Free
Card Replacement Fee	Fees	BDT 500.00
Card Replacement Fee- Student Account	Fees	BDT 500.00
PIN Replacement Fees	Fees	BDT 200.00
ATM transaction at AB Bank ATMs	Charges	Free
ATM transaction at other VISA ATMs	Charges	BDT 35.00
ATM Cash Withdrawal at National Payment Switch of Bangladesh (NPSB) Member Bank ATMs	Charges	BDT 15.00
ATM Mini Statement at National Payment Switch of Bangladesh (NPSB) Member Bank ATMs	Charges	BDT 5.00
ATM Balance Inquiry at National Payment Switch of Bangladesh (NPSB) Member Bank ATMs	Charges	BDT 5.00
Uncollected Debit Card/ PIN (destruction within 6 months)	Charges	Free
Yearly Fee: Progati	1st year exemption only
Debit Card Issuance Fees for Shampurna (Savings Account)	1st year Free
Debit Card Charges for Shampurna (Savings Account)	From 2nd year onwards: Free (if average balance is less than BDT 25,000.00, charge will be applicable)

Items	Nature of Charges	Features & Fees
		MasterCard Gold	MasterCard Titanium	MasterCard World
Annual Fee	Fees	BDT 2,000.00	BDT 4,500.00	BDT 8,000.00
1st Year Fee	Fees	100% waiver	100% waiver	50% waiver
Supplementary Card Fee	Fees	BDT 500.00 (1st supplementary card free)
Card/ PIN Replacement Fee	Fees	BDT 400.00	BDT 500.00	BDT 500.00
Late Payment Fee	Fees	BDT 400.00	BDT 400.00	BDT 500.00
Overlimit Fee	Fees	BDT 400.00	BDT 400.00	BDT 500.00
Cash Advance Fee	Fees	2.50%	2.50%	2.50%
Duplicate Statement Fee	Fees	BDT 100.00	BDT 100.00	BDT 100.00
Returned Cheque Fee/ Payment Return Fee during Auto debit	Fees	BDT 125.00	BDT 125.00	BDT 125.00
Outstation Cheque Processing Fee	Fees	BDT 100.00	BDT 100.00	BDT 100.00
Clearing Cheque Processing (< BDT 50,000)	Charges	Nil	Nil	Nil
Clearing Cheque Processing (BDT 50,000 > BDT 500,000)	Charges	BDT 10.00	BDT 10.00	BDT 10.00
Clearing Cheque Processing (BDT 500,000+ Normal Clearing)	Charges	BDT 25.00	BDT 25.00	BDT 25.00
Clearing Cheque Processing (BDT 500,000+ Same day clearing)	Charges	BDT 60.00	BDT 60.00	BDT 60.00
Voucher Retrieval Fee	Fees	BDT 150.00	BDT 150.00	BDT 150.00
Certificate Charge	Charges	Tk. 150.00	BDT 150.00	BDT 150.00
CIB/ Verification Fee	Fees	BDT 200.00	BDT 200.00	BDT 200.00
SMS Notification Fee	Fees	BDT 150.00	BDT 150.00	BDT 150.00
Stop Payment of Clearing Cheque	Fees	BDT 100.00	BDT 100.00	BDT 100.00
EMI Pre-closure Charges	Charges	Free	Free	Free
FOREX Markup	Fees	2.50%	2.50%	2.50%
Balance Transfer Fee	Fees	1.00%	1.00%	1.00%

Items	Nature of Charges	Features & Fees
SMS & I-Banking
SMS yearly alert fee (Except Max Saver, Smart Saver, Student Account, Workers of Apparel , Leather Industry Accounts, Shampurna Savings Account & for Progati 1st year exemption only)	Charges	BDT 150.00
SMS Banking for Shampurna Savings Account	Charges	Free
I-banking	Charges	Free
Locker Charges
Large Locker	Charges	BDT 6,500.00 (annually collected on a prorated basis)
Medium Locker	Charges	BDT 4,000.00 (annually collected on a prorated basis)
Small Locker	Charges	BDT 2,000.00 (annually collected on a prorated basis)
Access outside Schedule time	Charges	BDT 100.00
Late Payment Fees	Fees	BDT 500.00
Security Money		BDT 5,000.00
Replacement of lost keys		Actual cost
Locker Facility for Shampurna Savings Account	Charges	25% discount subject to availability
Insurance Premium for Locker		Charges at Actual
Annual rental/ other Charges of Locker		To be realized in advance

Online Transaction

Items	Nature of Charges	Features & Fees
Intra City
Cash Deposit (up to BDT 500,000.00)	Fees	Free
Cash Deposit (from BDT 500,001.00 & above)	Fees	BDT 100.00
Cash Withdrawal (up to BDT 200,000.00)	Fees	Free
Cash Withdrawal (BDT 200,001.00 - 500,000.00)	Fees	BDT 100.00
A/c - A/c Fund Transfer (up to BDT 200,000.00)	Fees	Free
A/c - A/c Fund Transfer (from BDT 200,001.00 & above)	Fees	BDT 100.00
Inter City
Cash Deposit (up to Tk. 100,000.00)	Fees	BDT 50.00
Cash Deposit (BDT 100,001.00 - 300,000.00)	Fees	BDT 150.00
Cash Deposit (BDT 300,001.00 - 500,000.00)	Fees	BDT 200.00
Cash Deposit (BDT 500,001.00 - 1,000,000.00)	Fees	BDT 300.00
Cash Deposit (BDT 1,000,001.00 - 2,000,000.00)	Fees	BDT 800.00
Cash Deposit (BDT 2,000,001.00 & above)	Fees	BDT 1200.00
Cash Withdrawal (up to BDT 100,000)	Fees	BDT 50.00
Cash Withdrawal (BDT 100,001.00 - 300,000.00)	Fees	BDT 100.00
Cash Withdrawal (BDT 300,001.00 - 500,000.00)	Fees	BDT 200.00
Cash Withdrawal (BDT 500,001.00 - 1,000,000.00)	Fees	BDT 300.00
Cash Withdrawal (BDT 1,000,001.00 - 2,000,000.00)	Fees	BDT 500.00
Cash Withdrawal (BDT 2,000,001.00 - 5,000,000.00)	Fees	BDT 800.00
Cash Withdrawal (BDT 5,000,001.00 & above)	Fees	BDT 1,000.00
A/c - A/c Fund Transfer (up to BDT 100,000.00)	Fees	Free
A/c - A/c Fund Transfer( BDT 100,001.00 - 250,000.00)	Fees	BDT 50.00
A/c - A/c Fund Transfer( BDT 250,001.00 - 500,000.00)	Fees	BDT 100.00
A/c - A/c Fund Transfer( BDT 500,001.00 - 1,000,000.00)	Fees	BDT 250.00
A/c - A/c Fund Transfer( BDT 1,000,001.00 - 1,500,000.00)	Fees	BDT 500.00
A/c - A/c Fund Transfer( BDT 1,500,001 - 2,000,000.00)	Fees	BDT 750.00
A/c - A/c Fund Transfer( BDT 2,000,001 & above)	Fees	BDT 1,000.00
Deposit of Scheme Deposit
Online fees for deposit of "Scheme Deposit" installment	Charges	Free (if deposited in the specific scheme deposit slip)

Consumer Lending

Items	Nature of Charges	Features & Fees
Personal Loan - Unsecured
Application Fee	Fees	BDT 500.00
Processing Fee	Fees	1% of the approved loan amount
Early Adjustment Fee**	Fees	2% on the outstanding loan amount
Partial Payment Fee	Fees	1% of the partial amount
Penal Charge	Charges	Additional 2% interest on the defaulted amount
Post approval Quotation Change	Fees	BDT 500.00 (per change of quotation)
Rescheduling Fee	Fees	BDT 1,000.00 (per reschedule)
Restructuring Fee	Fees	BDT 2,000.00 (per restructuring)
Auto Loan - Unsecured
Application Fee	Fees	BDT 500.00
Processing Fee	Fees	1% of the approved loan amount
Early Adjustment Fee**	Fees	2% on the outstanding loan amount
Partial Payment Fee	Fees	1% of the partial amount
Penal Charge	Charges	Additional 2% interest on the defaulted amount
Post approval Quotation Change	Fees	BDT 500.00 (per change of quotation)
Rescheduling Fee	Fees	BDT 1,000.00 (per reschedule)
Restructuring Fee	Fees	BDT 2,000.00 (per restructuring)
Education Loan - Unsecured
Application Fee	Fees	BDT 500.00
Processing Fee	Fees	1% of the approved loan amount or BDT 1,000.00 whichever is higher
Early Adjustment Fee**	Fees	2% on the outstanding loan amount
Partial Payment Fee	Fees	1% of the partial amount
Penal Charge	Charges	Additional 2% interest on the defaulted amount
Post approval Quotation Change	Fees	BDT 500.00 (per change of quotation)
Rescheduling Fee	Fees	BDT 1,000.00 (per reschedule)
Restructuring Fee	Fees	BDT 2,000.00 (per restructuring)
Home Loan - Unsecured
Application Fee	Fees	BDT 500.00
Processing Fee	Fees	1% of the approved loan amount
Early Adjustment Fee**	Fees	2% if the first half tenor, otherwise 1% on the outstanding loan amount
Partial Payment Fee	Fees	1% of the partial amount
Penal Charge	Charges	Additional 2% interest on the defaulted amount
Post approval Quotation Change	Fees	BDT 500.00 (per change of quotation)
Rescheduling Fee	Fees	BDT 1,000.00 (per reschedule)
Restructuring Fee	Fees	BDT 2,000.00 (per restructuring)
Personal Loan - Secured
Processing Fee	Fees	0.5% of the approved loan amount subject to minimum BDT 2,000.00 and maximum BDT 5,000.00
Early Adjustment Fee**	Fees	Free
Renewal Fee	Fees	BDT 500.00
** If any term/ time loan is settled before maturity due to increased rate of interest and if it is settled within one month from date interest rate increased, in that case no early settlement fee will be applicable (FICSD Circular letter No. 1 dated 12th Feb 2017).

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About AB Bank

AB Bank Limited, established in 1981, holds the distinction of being the first private commercial bank in Bangladesh. Founded in the wake of the country's economic liberalization, AB Bank was a pioneering entity that aimed to enhance financial services and promote economic growth through the provision of banking facilities to the private sector. The bank's inception marked a significant shift in the banking landscape of Bangladesh, which had been dominated by state-owned banks. With a focus on innovation and customer service, AB Bank quickly gained recognition for its commitment to modern banking practices.

Throughout its history, AB Bank has consistently expanded its services to meet the evolving needs of its customers. The bank offers a comprehensive range of financial products, including retail and corporate banking, trade finance, foreign exchange, and treasury services. Its retail banking division provides savings accounts, current accounts, fixed deposits, and personal loans, catering to individual customers' diverse financial needs. On the corporate front, AB Bank offers tailored solutions for businesses, including working capital financing, project financing, and cash management services, thereby supporting the growth of small and medium enterprises (SMEs) in the country.

AB Bank has also been at the forefront of digital banking in Bangladesh. Recognizing the importance of technology in enhancing customer experience, the bank has invested significantly in digital infrastructure. This includes online banking, mobile banking, and various digital payment solutions, making banking more accessible to a wider audience. The bank's commitment to innovation is reflected in its efforts to simplify banking processes and improve efficiency, which has resonated well with its customers.

Furthermore, AB Bank is deeply committed to corporate social responsibility (CSR). It actively participates in various community development initiatives, focusing on education, healthcare, and environmental sustainability. By supporting these initiatives, AB Bank not only fulfills its corporate responsibilities but also contributes to the overall development of the country.

In conclusion, AB Bank Limited has played a pivotal role in the banking sector of Bangladesh since its establishment. With a strong focus on customer service, innovation, and corporate social responsibility, the bank has successfully adapted to the changing dynamics of the financial landscape. Its commitment to providing quality financial services has positioned AB Bank as a trusted institution in Bangladesh, contributing significantly to the nation's economic growth and development.