CDBL vs Shahjalal eAccount

Central Depository Bangladesh Limited (CDBL) was incorporated on 20 th August 2000 sponsored by the country's Nationalized Commercial Banks (NCBs), Investment Corporation of Bangladesh (ICB), Private Commercial Banks (PCBs), Foreign Banks, Merchant Banks, Publicly listed Companies, Insurance Companies and Dhaka & Chittagong Stock Exchanges with the collaboration of the Asian Development Bank (ADB). Legal basis for CDBL's operations is set out in the Depositories Act 1999, Depositories Regulations 2000, Depository (User) Regulations 2003, and the CDBL by-laws. CDBL's core services cover the efficient delivery, settlement and transfer of securities through computerized book entry system i.e. recording and maintaining securities accounts and registering transfer of securities; changing the ownership without any physical movement or endorsement of certificates and execution of transfer instruments. The Central Depository System (CDS) operated by CDBL has proved to be a convenient and reliable means to settle securities transaction. The investor has been freed from the hassles of physical handling of certificates, errors in paper work and the risks associated with damaged, lost and forged certificates. Live operations of the CDS commenced with the inauguration of the Electronic Government Securities Registry (EGSR) by the Governor of Bangladesh Bank on 20 th October 2003. The EGSR also serves as a platform for secondary market sale/purchase as well as Repo transactions of government securities to commercial banks linked online to the CDS. Equity market securities de materialization process i.e. eliminating physical certificate as record of security ownership by substituting it as an electronic book entry record in the CDS commenced on 24 th January 2004 with the entry of Square Pharmaceuticals Limited into the CDS. CDBL has achieved an ISO/IEC 27001:2013 certificate on Information Security Management System conforming to the specifications of ISO/IEC 27001:2013 and the best practices adopted in ISO/IEC 27002:2013.

Shahjalal eAccount is the official digital account opening application of Shahjalal Islami Bank PLC, designed to provide a secure, fast, and convenient banking experience. Open your bank account anytime, anywhere without visiting a branch. Key Features Instant Digital Account Opening – Open a Savings Account through a fully digital process. e-KYC Verification – Secure identity verification using National ID (NID) and facial recognition. OCR-Based Data Capture – Automatically extract information from your NID for faster registration. Real-Time Application Tracking – Monitor the status of your account opening request. Secure Authentication – Advanced security measures to protect your personal information and transactions. Paperless Process – Complete the entire account opening journey digitally with minimal documentation. User-Friendly Interface – Simple and intuitive design for a seamless onboarding experience.