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Basic Banking Account

Basic Banking Account

Enjoy an unmatched combination of high returns and liquidity. In addition, our nationwide network of ATMs offers you 24-hour convenience in withdrawing your funds, ensuring that your money works for you, as you would like it.

In line with the State Bank of Pakistan BPD Circular No. 30 of 2005 dated November 29th, 2005 Standard Chartered Bank has introduced the Basic Banking Account (BBA).

Exclusive benefits on Basic Banking Account:

  • Minimum initial deposit of Rs.1000
  • Non-remunerative local currency account
  • No limit on minimum balance. However, the Bank has the right to close an account if the balance is Nil for a continuous 6-month period
  • No fee for maintaining Basic Banking Account
  • In a month, maximum of 2 deposits transactions and 2 withdrawals through cheques (cash/clearing) are allowed, free of charge, a charge of Rs. 100 per transaction will be charged for both deposits and withdrawals after the first 2 transactions for each per month
  • Unlimited/free of charge cash withdrawals only from Standard Chartered Bank ATMs in Pakistan
  • Yearly statement of account
  • Terms and Conditions remain same for the regular Branch Banking Account

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