SECBangladeshTier 1Licence number
No number recorded
View licence record- Licence holder
- Held by IFIC Bank
- Licence type and regime
- Financial Service
Not checkedUpdated
At a glance
Regulation on record for IFIC Bank
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
IFIC Bank has one licence on record with Wikilix, issued by one authority across one jurisdiction. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for IFIC Bank, strongest authority first.
1 record
- SECBangladeshTier 1
Protection
What this licence protects
SEC's own rules for the firms it authorises.
- Compensation schemeSIPC insures up to $500,000 per customer (including $250,000 cash)
- Complaints routeSEC Tips/Complaints/Referral
- Maximum leverage1:50
Frequently Asked Questions
Questions about the licences held by IFIC Bank
Answered from the register entries on this page.
Most Popular Questions
IFIC Bank Limited offers customer support through live chat during business hours, email, and phone. They provide support primarily in English and maintain active social media channels including Facebook, Twitter, LinkedIn, Instagram, and YouTube.
IFIC Bank Limited does not charge commissions on trading accounts. However, specific details about spreads, minimum deposits, or leverage are not specified in the provided context.
IFIC Bank Limited supports various funding methods including domestic debit cards, RTGS transfers, credit card transfers, international bank transfers, mobile money, and cryptocurrencies. Processing times vary from instant to a few days depending on the method, and some fees apply, such as a 1% fee on credit card deposits.
IFIC Bank Limited is regulated by the Securities and Exchange Commission (SEC) of Bangladesh, a government authority. The SEC is a Tier 1 securities regulator with strong risk management and client fund insurance measures. This regulation ensures compliance with local financial laws and investor protection standards.
IFIC Bank has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
IFIC Bank holds licence records issued by SEC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by IFIC Bank comes from tier-1 or tier-2 authorities (1 tier-1, 0 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the one licence record held by IFIC Bank has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
IFIC Bank has licence records in Bangladesh. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.