page top
Taka Rate Line
 ||   Today's GBP - TAKA Rate  106.50  ||  [Last updated  27/07/2017]
left top

Notice Page

For the latest news ,Click here

Trade Finance

For More information on the full range of Trade Finance services that we can provide,Click here

Remittance Services

Remit money to your loved ones or friends in Bangladesh. For more information Click here
For Remitter and Beneficiary Forms Click here

FSCS



Articles

IDENTIFICATION REQUIREMENTS


In order to comply with current UK regulations we are obliged to verify customers' correct name and address details.

We do not reveal customer information to external organisations or government bodies, unless specifically authorised by customers or as required by law. Your data is kept confidential.

Obtaining documents applies either when opening a bank account or when sending a remittance. For remittances, we currently ask for verification of name, address and proof of income. 

The following documents and information required when:

1) Opening a Bank account.

2). Registering to use our remittance service. (First time remittance of up to £650.00 can be made without verification of income and £200 for Telephone Remittance).

3). Encashment and Re-investment of (WEDB/US) Dollar Investment Bond/US Dollar Premium Bond).


All Non-EU passport holders must provide their passport for name verification along with evidence of a valid UK visa confirming their right to be in the UK and have no restrictions to work in the UK.

Verification of name will need to be provided again by UK/EU/Non-EU passport holders once your document expires on our records. (We follow the expiry date on your document).

Evidence of a UK Visa issued to Non-EU passport holders will need to be provided again once your document expires on our records. (We follow the expiry date on your document).

Verification of income will need to be provided once every year.

We do not share customer information with external organisations or government bodies, unless authorised by the customer or as required by law. Your data is kept confidential.


To verify ‘Name’, we ask for ONE of the following documents:

  •  UK/EU current signed passport.
  •  All Non-EU passport holders must provide a current signed passport as a name verification document. We are also required to see evidence of a valid UK visa giving the Non-EU passport holder the right to be in the UK and there should be no restrictions to work in the UK.
  • Current UK photo-card Driving Licence (if not used for evidence of address).

AND in order to verify 'Current Address' we require ONE of the following documents which shows your name and address:

  • A recent Utility bill e.g. gas/electricity/water/phone but NOT mobile phone (No more than 3 months old).
  • Recent bank, Building Society or credit card statement (No more than 3 months old).
  • Council tax bill (No more than 3 months old).
  • Current UK photo-card Driving Licence (if not used for evidence of name).

To verify ‘Income’ we require ONE of the following documents:

For employed customers:

One of the following:

  • Last 3 months pay slips (Monthly Pay)
  • Last 12 pay slips (Weekly Pay)
  • Last 6 pay slips (Fortnightly Pay)
  •  P60 (for current year and only if unable to provide full set of recent pay slips)
  • Most recent Tax return (if self employed as well as employed and has rental income from  properties)
  • HMRC Tax Credit /Benefit letter(s) (if applicable)

For self-employed:

  • Customer's company accounts for the last 3 years for limited companies
  • HMRC Tax Credit /Benefit letter(s) (if applicable)
  • Tax return (for sole traders)

For unemployed:

  • Benefit and/or pension letter (Must cover current year)
  • Last three months bank statements showing benefit/pension payments.

Do not send original personal identity documents by post e.g. Passports or Photo Driver’s Licence. It is acceptable for original items such as bank statements or utility bills to be sent by post. For valuable documents such as passport or photo driver’s Licence we will accept a certified photocopy.

The certified copies must include the words “Certified to be a true copy of the original”. The certifier must state their name, work address, contact number and position. They must sign and date their certification.  Suitable certifiers that the Bank will accept:


A Bank Official;

  • A GP or other medical professional who can be verified through the General Medical Council;
  • A Solicitor who can be verified through the accredited UK law register;
  • A Certified Accountant who can be verified through the accredited UK Accounting Bodies;

  • Embassy or consulate personnel; and
  • A minister of religion

We thank you in advance for your co-operation.


page bottom