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Power Vantage Account

Power Vantage Account

PowerVantage Account (PVA) is a unique customer proposition that is designed to meet your financial needs with a range of exclusive services.

PREFERENTIAL SERVICES

  • Enjoy customised services from a dedicated Relationship Officer who will assist you with your banking requirements through a dedicated service desk and a cash counter
  • Fast track service for credit applications
  • Dedicated desk at Call Centre
  • Free endorsement of foreign currency against yearly travel quota

DEPOSIT SERVICES

  • Customised cheque book
  • Specially designed ATM card with enhanced cash withdrawal limit
  • Composite account statement on a quarterly basis

CREDIT FACILITIES

  • Clean Overdraft Facility up to a maximum limit of BDT 50,000* (Fifty Thousand Taka only)
  • Preferential interest rates and discounts for lending products

INSURANCE COVERAGE

As a PowerVantage customer, you will enjoy free personal accident insurance coverage.

AUTOSWEEP OF FUNDS

You can issue standing instructions to have funds transferred between your current account and savings accounts, enabling you to better manage your funds and obtain a higher rate of interest, free of charge.

STANDING INSTRUCTIONS

You can set up standing instructions of any fixed amount to be paid to selected parties' accounts with HSBC, free of charge.

ELIGIBILITY

To enjoy the benefits of PowerVantage, you need to maintain an average deposit balance of BDT1M (One million Taka only) or minimum gross monthly salary income of BDT150,000 (One Hundred Fifty Thousand Taka only) processed through HSBC. The annual membership fee is just BDT500 (Five Hundred Taka only)+15% VAT.

The Bank will levy a charge of BDT 200 (Two Hundred Taka only)+15% VAT per month if the average deposit balance falls below BDT1M (One million Taka only) or if monthly salary of BDT150,000 (One Hundred Fifty Thousand Taka only) is not being processed through HSBC on any given month. The service charge will be debited from your PowerVantage Account.

*Conditions apply

Need to know more?

  • Call 01199 88HSBC (4722)
  • 01199 PVACAL (782225)
  • Dhaka (02) 9553053-56