Short Notice Deposit(SND) - SBI - Bangladesh

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As an electronic settlement, it ensures transfer of funds from one account of a bank to that of another bank on a real-time and on gross basis. Here real-time refers transactions that do not need any waiting period. Transactions are settled as soon as they are executed.

BACPS/BEFTN

Bangladesh Automated Cheque Processing System (BACPS) and Bangladesh Electronic Funds Transfer Network (BEFTN) are designed to automate cheque clearing to speed up the processing and reduce risks as well as provide a medium for paper-less interbank payments.

Fund transfer through ATM

ATMs provide a couple of facilities and services to the customers. One of them is to transfer money from one bank account to another using your debit/ATM card. Money transfers through ATMs can be helpful in urgent situations.

Fund transfer from INB

With internet banking, customers can transfer funds between bank accounts without having to visit the bank. The transaction can be made through the BEFTN facilities between banks. Net banking offers a 'Fund Transfer' option, for quickly transferring funds to third-party beneficiaries within the bank.

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Schedule of Charges Citizen Charter Forms Downloads Interest Rates Bangladesh Bank High Commission of India Indian Visa Application Center National Portal of India

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Short Notice Deposit(SND)

Minimum Balance

No Minimum Balance

Facilities

Cheque book facility available
7-days notice required for withdrawal of funds
Provision of monthly Account Statement as well as need based
Competitive interest rate
Online banking facility
Internet banking facility
Standing Instructions(SI) facility available