Money Market Accounts
The MMA is an account product tailored to meet customer needs for interest earning on their demand deposit. Interest is calculated on daily balances. The ideal account for your business growth. Cheque books may be issued as per your requirement. A Sweep facility tagged to a current account can be provided for your frequent transactions.
The Essentials
High interest rates
Flexibility to withdraw whenever you want and deposit whenever you have.
Convenience and fast access for your funds
Learn more about money market account
Do you wonder What to do with short term funds in your hands, which you may require at any moment..?
Do you long for an opportunity to earn high interest from your funds while enjoying the flexibility to withdraw whenever you want and deposit whenever you have, part or full..??
Individuals, Proprietorship and Partnership firms, Limited liability Companies, Associations, Clubs, NGO’s etc. can open MMA. It gives you high return on short-term investment and chance to earn maximum on your deposit with us.
Feature of the money market account
- Earn High returns from your idle funds
- Interest is computed if the balance is BDT 100,00/= and above.
- There are different types of IR for different balance.
- SWEEP facility may be provided from another current account to a money market account but a minimum of BDT 50,000/= should be maintained in such anchor current account so that any amount in excess of BDT 50,000/= only will be swept to the money market account.
- A real time online Internet Banking facility & e-Passbook.
- check book facility.
- Monthly Bank statements dispatched to designated address without any charges.
- Minimum balance to be maintained is BDT 100,000.
Terms & Conditions apply
Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.
Open an account
Who can open accounts
- If you are a resident of Bangladesh over the age of 18 years, you can open a Money Market Account.
What you need to bring
- National Identity Card, Driving License or Passport