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iTransfer-EFT (Transfer To Other Bank)
This service is to facilitate transfer fund from their IBBL account(s) to any other bank's account through Bangladesh Electronic Fund Transfer Network(BEFTN) operated by Bangladesh Bank.
As per Bangladesh Bank's BEFTN guideline destination bank will execute this credit instruction within next business date of EFT processing date and if destination bank fail to credit, fund would be returned and refund to source account (IBBL A/C) accordingly.
How to use:
Step 1. the clients have to subscribe this service first from the new feature list (displayed just below of the banner) or from the menu 'Our Services'.
Step 2. Go to menu 'iTransfer (Other Bank -EFT)' to start fund transfer process.
Step 3. Select 'From Account', 'To Bank', 'To Branch', 'A/C Type' from corresponding list and put down recipient name and A/C no. and finally submit.
Step 4. Read carefully both 'Source Account' and 'Destination Account' info and enter transfer amount in Taka, Payment Info and Executin Date and keep processing.
Step 5. Next system will show summary information of the client to confirm / verify the information. If the clients confirm the transaction go next to get a SMS to their cell number containing 'ONE TIME KEY' and 'Transfer ID'.
Step 6. Provide PIN CODE(Collecte from Branch) and One Time Key and submit to complete fund transfer.
  • Maximum amount Tk. 5,00,000.00 (Five Lac Taka) within 20 transactions per day.
  • Minimum transfer limit is Tk. 100.00 (One Hundred Taka).
  • Charge: No EFT charge is applicable.
  • iBanking Service Charge :
    • Taka 0.25 per thousand.
    • Minimum Charges: Tk. 5
    • Maximum Charges: Tk. 100
    • (VAT as per govt.rule will be added).
  • Its client's responsibilty to preserve his/her password, TPIN secret and safe.