Mutual Trust Bank Account Types

Mutual Trust Bank (MTB) offers two main types of accounts for individuals looking to manage their finances efficiently:

• MTB Simple Account:
• Description: This is a simplified e-KYC based account designed for individuals with a monthly deposit or withdrawal amount of BDT 100,000 or below.
• Requirements:
• Upload/capture National ID (NID) - front & back.
• Take a selfie in proper light.
• Upload e-TIN (if available).
• Upload nominee photo & ID (e.g., NID/passport).
• Upload signature (as per NID).
• MTB Regular Account:
• Description: This account is suitable for those who do not have limits on monthly deposit or withdrawal amounts.
• Requirements:
• Record a 4-second video blinking eyes (without glasses).
• Upload/capture National ID (NID) - front & back.
• Upload nominee photo & ID (mandatory).
• Upload signature (mandatory).
• Upload utility bill (mandatory).
• Upload income/source of fund related documents (e.g., job ID card, salary account statement, trade license, self-declaration, etc.).

Mutual Trust Bank Broker Account Opening Process

To open an account with Mutual Trust Bank, follow these steps:

• Visit the MTB Website: Go to the official MTB website to access the account opening section.
• Select Account Type: Choose between the MTB Simple Account or the MTB Regular Account based on your needs.
• Prepare Required Documents: Gather all necessary documents as per the account type selected (NID, utility bill, income documents, etc.).
• Complete the Application: Fill out the online application form, ensuring that all information is accurate and complete.
• Upload Documents: Upload the required documents as specified for the chosen account type.
• Instant Account Number: Upon successful submission, you will receive your account number instantly via SMS and email.
• Receive Debit Card: A debit card will be sent directly to your address, free for the first year.

For more detailed instructions and video tutorials, visit MTB's official account opening page.