Benefits

Minor Account

Account will be opened with parents/ legal guardian as an authorised signatory; it will be treated as a Minor account.

No minimum balance requirement

School Banking Account has no minimum balance requirement for your convenience.

Earn on whatever you save

Interest will be earned on any balance kept in School Banking Account; no minimum threshold applies.

How it works

More details

Details
Minor Account School Banking Account will be opened with parents; it will be treated as a Minor account.
Interest Interest will be earned on monthly average balance and applied to the account quarterly.
Deposit Requirement No initial deposit requirement.
Minimum Balance No minimum balance requirement.
Account Maintenance No account maintenance fee.

Eligibility for Parents/Guardians

Details
Nationality Bangladeshi Citizen
Age Below 18 years old
Mandatory Documents Required For All Copy of valid Photo ID for Applicant & Nominee (such as Passport / National ID / Driving License, etc.)
Photograph of the applicant duly attested by the introducer
Photograph of the nominee duly attested by the applicant
Copy of e-TIN Certificate
Resident address verification document (e.g. Utility Bill, etc.)
Supporting Documents For Salaried Customers Proof of Income document (e.g. Letter of Introduction/ Appointment letter/ Salary Certificate/ Bank Statement reflecting salary, etc.)
Proof of occupation document (e.g. Employment contract / Business Card/ employee photo ID, etc.)
Supporting Documents For Businessman/ Self Employed Proof of Income document (e.g. Bank Statement/ Company’s Audited Financial report/ Tax Return Acknowledgment Receipt with monetary indication, etc.)
Proof of occupation document (e.g. Trade License/ Partnership deed/ Certificate of incorporation/ Memorandum of Articles/ BMDC /BEI Registration /Bar license/Chartered Accountant license as appropriate)
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Speaking Up

Standard Chartered Bank (the “Bank”) is committed to maintaining a culture of the highest ethics and integrity, and in compliance with all applicable law, regulation and internal policy. As part of this commitment, the Bank has a ‘Speaking Up’ programme through which genuine concerns in this regard can be raised. Members of the public can securely raise Speaking Up concerns through this hyperlink, which is hosted on behalf of the Bank by a third party ‘InTouch’. Examples of concerns that can be raised through this website are concerns that relate to accounting, internal accounting controls or auditing matters and concerns relating to bribery or banking and financial crime. Concerns received will be forwarded to the Bank’s investigations team for review. Complaints relating to SCB banking services should not be raised through this site in the first instance, but through the SCB branch network, contact centres, Relationship Managers or the ‘Contact Us’ webpage.

Disclaimer

Please note that this hyperlink will bring to you to another website on the Internet, which is operated by InTouch, an independent company appointed by the Bank to support its Speaking Up programme. Please be mindful that when you click on the link and open a new window in your browser, you will be subject to the additional terms of use of the website that you are going to visit.

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