Islamic Wallet vs MTB eBank

Islamic Wallet is the Shariah based Mobile Financial Services of Al-Arafah Islami Bank PLC. Islamic Wallet comply with the most rigorous security, compliance standards and all regulatory requirements. This wallet is also regulated by the Shariah Board to comply the Islamic rules. Islamic Wallet promises to provide the most innovative services that can be provided in Mobile Financial Services industry of Bangladesh. It is fast, secure and affordable way to send & receive money from anywhere at any time. In addition to ‘send and receive money’, it provides a total eco-system where people can derive the best use of money. This wallet will be considered as new and innovative payment system to cater all kinds of banking needs for ensuring the maximum convenience of customers specially those who do not have access to banking services Services offered by Islamic Wallet - Cash In, Cash Out, Person to Person (P2P) - Fund Transfer from Card and Bank Account. - QR enable Person-to-Business payments (P2B) such as utility bill payment, airtime top-up, insurance premiums, loan instalments, merchant payments etc. - Business-to-Person payments (B2P) such as payroll, commission disbursement, etc. - Government-to-Person (G2P) payments such as subsidies, freedom fighter allowances, social welfare payments, endowments, etc. - Ticketing Service - Tuition Fees Payment - Person-to-Government (P2G) payments such as government duties, taxes, fees, etc. Shariah Compliant Services - Daily activities must be accomplished under the Bank’s Shariah Guideline. - A hi-level Shariah Supervisory Council scrutinize the daily affairs on regularly. - Prohibition of Interest or Usury. Most importantly, the charging and the receiving of interest is strictly forbidden. - Ethical Standards. When Customers hold their money in wallet, it is our religious duty to make sure that what they utilize in is good and bad wholesome. - It goes with Moral and Social Values. Islamic Wallet Shares Profit with its Customer Islamic Wallet offers profits on customers’ Wallet Balances which complies with the Islami Shariah rules. Customers Money is Safe with Islamic Wallet Customers’ money is safe and secure with Islamic Wallet. To secure the customers money, the fund will be maintained only in Shariah Compliant Islamic sectors.

MTB eBank is one of the most modern and updated cash management solutions for corporate clients developed by MTB. Clients can manage all types of payables and receivables by using MTB eBank at any time and from anywhere. The user interface and transaction system can be tailor-made suiting every client’s organizational structure and account operational needs. Besides, the web-based portal, MTB eBank is now available in the app store. With the eBank app, registered corporate/non-individual MTB customers will be able to perform their transactions with a few clicks. Clients can check balances, obtain various types of reports, and can access many other options. In this fully automated App-based journey, customers will need to have a User ID & Password (checker/approver) in eBank as provided by the Bank. TO ACTIVATE THIS APP ON YOUR DEVICE • Corporate/Institutional MTB clients must fill up an eBank setup form containing user ID-related information, e.g. Name, Phone no, Email, etc. • MTB will provide necessary eBank IDs and Passwords to the client’s makers and • Only checkers and authorizers of the MTB eBank solution will be able to use mobile apps • The checkers and authorizers will need to go to the App Store to download the eBank App • Client will log in using fingerprint/ password • In Case the device does not have any fingerprint option, the client will be provided an OTP to log in • Client will be able to log into MTB eBank App. from mobile by giving the OTP (for the first time only) • There will be necessary options to perform the required transaction MOBILE BANKING SECURITY • Only Corporate/Institutional/Business entity clients can register for the MTB eBank solution. • MTB uses the latest online security measures to help protect clients’ money, personal information, and privacy while banking with MTB • This service is secured by SSL encryption. Also, all data communication is further encrypted by MTB’s encryption technology. An unregistered device (Smart Phone) cannot be used to login to MTB eBank Apps • Two-factor authentication during the transaction If you have any questions or concerns please call 24x7 MTB Contact Centre: 16219 or 096040 16219 From overseas: +880 96040 16219 Also, you can mail us: at customer.service@mutualtrustbank.com