BANK SOLVENCY CERTIFICATE
A bank solvency certificate is an official document issued by a financial institution confirming an individual or entity’s financial stability. It attests that the account holder’s assets exceed liabilities, demonstrating their ability to meet financial obligations. This certificate is often required for various transactions, such as visa applications or business activities.
Issuing Authority:
Bangladesh Bank
Required list of all documents
- Application Form [Original]
- Savings Account statements/Fixed Deposits receipts/ Gold (current valuation document). [Original]
Step by step all process
Step 1 Submission of Application Form: The applicant fills out the Application Form and submits it to the manager of the bank where their account is held. This step initiates the process for obtaining the Bank Solvency Certificate.
Step 2 Evaluation and Approval of Application: A bank official reviews the submitted Application Form for completeness and accuracy. Upon satisfactory evaluation, the official approves the application and notifies the applicant.
Step 3 Fee Payment and Receipt Collection: The applicant pays the required fee at the bank and receives a money receipt. This receipt must then be submitted to the concerned section as proof of payment.
Step 4 Collection of Bank Solvency Certificate: After processing the receipt, the concerned section prepares the Bank Solvency Certificate. The applicant can then collect the certificate from the same section.
Fee schedule
Fees may vary from bank to bank
Official timeline
One (1) DAY
Actual timeline