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NCC Bank logo

NCC Bank

Regulated
Bangladesh
,
Since 1993
Last Updated:
21/100
Overall Score

Trading Conditions

Min Deposit:
USD500
Max Leverage:
1
Account Types
BusinessBusinessBusiness+5 more

User Reviews

—
Total Reviews
—
This Month
—
Avg Rating

Funding Methods

8 methods

Cash Deposit

bank transfer
Instant
Fee:
Free
Fee:
Free

Cash Withdrawal

bank transfer
Instant
Fee:
Free
Fee:
Free

ATM Withdrawal (NCC Bank ATMs)

bank transfer
Instant
Fee:
Free
Fee:
Free

ATM Withdrawal (Other Bank ATMs)

bank transfer
Instant
Fee:
Free
Fee:
BDT 3

Online Banking Transfer (Within NCC Bank Accounts)

bank transfer
Instant
Fee:
Free
Fee:
Free

Online Banking Transfer (To Other Bank Accounts)

bank transfer
2 hours
Fee:
Free
Fee:
Free

Credit Card Payment (Visa Credit Cards)

credit card
2 hours
Fee:
Free
Fee:
Free

Remittance Service (Western Union & MoneyGram)

other
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 17%, 2: License 37%, 3: Software 0%, 4: Spread 0%, 5: Account Type 8%, 6: Symbol 0%
Regulation
17%Poor
License
37%Poor
Software
0%Poor
Spread
0%Poor
Account Type
8%Poor
Symbol
0%Poor

Company Information

Full Name:NCC Bank Limited
Founded:1993
Headquarters:Bangladesh
Enterprise Offices:N/A

Customer Support

Phone:
8802-9561902-4
Live Chat:
business_hours
Response Time:
—
Languages:
English
Scroll Down
Editorial review
Updated

Broker Summary

What Wikilix has recorded about NCC Bank: its history, the licences it holds, its trading conditions and its fees.

Introduction and Overview

NCC Bank is operating in the financial services industry as a trading broker. Although specific details about the trading services of NCC Bank are not publicly available, NCC Bank is known to be involved in the financial market as a company that provides solutions in connection to trading. The purpose of this Article is to give the reader a general insight into NCC Bank.

In the constantly evolving arena of trade and financial services, the services offered by the likes of NCC Bank, acting as a broker, are very important for granting market access to both retail and institutional traders. Even with the paucity of information available, it is possible to derive important information regarding the overall framework and potential services offered by NCC Bank.

Background and History

NCC Bank is a commercial bank located in Bangladesh. It has been operating since 1985. It provides different banking products to its clients who belong to the general public, small and medium-scale enterprises, companies, as well as clients from other countries. It has wonderful services regarding retail and corporate banking; however, it is not authorized to provide forex as well as investment brokerage services.

Key Features and Offerings

Because the publicly available information is limited, what exactly NCC Bank, as a trading broker, offers and what the features are, cannot be determined. Typically, the services offered by the brokers operating in the same market include different financial instruments, platforms, and accounts suited to the needs of the traders.

One could reasonably anticipate that this NCC Bank may provide conventional trading options such as Forex, commodities, indices, or CFDs, along with analysis and risk management facilities. Then again, without concrete information, this could be but a guesswork, and not exactly factual information either.

Regulatory Compliance and Licensing

Having regulations and oversight at a trading broker is very important to ensure that the broker has integrity. Unfortunately, there isn’t any data available with respect to whether NCC Bank has the relevant regulations or not with regard to trading brokerage.

It is important for the trader to know whether or not the investment is safe. Disclosure of information regarding the status of regulation can help the trader know whether the broker complies with the regulations. The lack of information regarding the status of NCC Bank indicates that investors should exercise caution before participating in any trade.

Regulator

Licencia Number

Status

No data available

Limitations on Information Access

Little information available

Trading Conditions and Platform Technology

The details that are not publicly available but would be needed in the case of NCC Bank are the spread and leverage offered by the broker, the minimum deposit the broker may require, and the technology employed by the broker in the trading platform he offers.

Usually, brokers offer different types of accounts with varying conditions depending on the nature of the trade profiles. The technology used in trade platforms has been known to have a great influence in carrying out fast and effective trade operations.

Trading Condition

Every

Details

Spreads

Limited information available

Leverage

Limited information available

Minimum Deposit

Limited information available

“Trading Platforms”

Limited Information Available

Fee Structure

It’s imperative to grasp the fee structure. Unfortunately, there are no statistics about fee charges at NCC Bank. This includes fees associated with deposits and withdrawal charges, as well as commissions.

Usually, the fees are made known to clients in a transparent manner to facilitate informed decision-making. The absence of this information in NCC Bank means that prospective clients are supposed to ask the broker about the possible cost involved.

Fee Type

Details

Deposit Fees

Limited information available

Withdrawal Fees

Limited information available

Commission

Limited information available

User Experience and Market Reputation

Because there is a lack of publicly available reviews or feedback, the user experience and market status of NCC Bank, acting as a trading broker, is relatively unknown. Traders generally respond to reviews, analysis, and feedback from peers and regulators regarding the market standing and trustworthiness of a broker.

Otherwise, it would be hard for one to evaluate the level of customer service, ease of platform use, execution speed, and overall client satisfaction that NCC Bank offers. Prospective clients would require due diligence before engaging the broker directly.

Conclusion

NCC Bank, being a trading broker, is at the moment exuding a profile that is not transparent when it comes to necessary information being available to the general public. Such information as licensing information, terms of trade, and cost structures among other relevant information is not readily accessible. For those traders who are thinking about NCC Bank, it would be helpful to inquire directly and proceed with care until further information can be gathered. As mentioned, transparency and compliance are essential considerations in the selection process for a good trading partner.

Regulation check

Regulatory Licenses

Every licence NCC Bank has in force is from an offshore regulator. Most carry no compensation scheme — each licence's record says what the issuing regulator actually requires.

0 of 1 checked
Licences on record
1
Confirmed on register
0
Tier 1 or 2
0
Offshore
1

WIKILIX

Licence intelligence

The only licence on file

Licence Verification Record

Financial Services Commission BCD(D)200/52-561/93

Recorded from the firm's own disclosure. Not yet checked against the register.

Jurisdiction
BangladeshOffshore
Authority strength
Tier 3
Licence type
Financial Service
Not yet checked on the register

Client protection under this licence

  • No compensation scheme
  • Complaints routeFSC Complaints
  • Maximum leverage1:1000

These are the rules FSC sets for the firms it licenses. They are not a statement about how NCC Bank applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Trading accounts
Updated

Account Types

8 account types on record. Minimum deposit from BDT 500. Leverage up to 1:1.

8 account types
AccountMin DepositLeverageCommission
BusinessCorporateBDT 5,0001:1Not specified
BusinessCorporateBDT 5001:1Not specified
BusinessCorporateBDT 1,0001:1Not specified
BusinessCorporateNot recorded1:1Not specified
BusinessCorporateBDT 1,0001:1Not specified
BusinessCorporateNot recorded1:1Not specified
BusinessCorporateBDT 1,0001:1Not specified
BusinessCorporateNot recorded1:1Not specified
Account names and conditions as published by NCC Bank, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

10 ways to fund an account. 10 with no deposit fee. 7 credit instantly.

10 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Cash DepositBank Transfer1FreeFreeNot recordedNot recordedNot recordedInstant
Cash WithdrawalBank Transfer1FreeFreeNot recordedNot recordedNot recordedInstant
ATM Withdrawal (NCC Bank ATMs)Bank TransferAvailable at all NCC Bank ATMs.FreeFreeNot recordedNot recordedNot recordedInstant
ATM Withdrawal (Other Bank ATMs)Bank Transfer
Interchange fee of BDT 2.50 applies. Available at ATMs of other banks.
FreeBDT 2.5Not recordedNot recordedNot recordedInstant
Online Banking Transfer (Within NCC Bank Accounts)Bank Transfer2FreeFreeNot recordedNot recordedNot recordedInstant
Online Banking Transfer (To Other Bank Accounts)Bank Transfer2FreeFreeNot recordedNot recordedNot recorded2 hours
Credit Card Payment (Visa Credit Cards)Credit Card3FreeFreeNot recordedNot recordedNot recorded2 hours
Remittance Service (Western Union & MoneyGram)Other1FreeFreeNot recordedNot recordedNot recordedInstant
bKash Agent Withdrawal (Western Union & MoneyGram)OtherAvailable at all bKash agent locations.FreeFreeNot recordedNot recordedNot recordedInstant
Visa Credit Card PaymentCredit Card3FreeFreeNot recordedNot recordedNot recorded2 hours

Broker's notes on these methods

  1. Available at all NCC Bank branches. · applies to 3 methods
  2. Available to all NCC Bank account holders. · applies to 2 methods
  3. Available to all NCC Bank Visa Credit Card holders. · applies to 2 methods
Fees, limits and processing times as published by NCC Bank, recorded by Wikilix.
Websites

Global Domains

6 domains on record. All active and served over HTTPS.

6 domains
  • www.nccalways.com.bd/sign-inActiveHTTPS
  • nccdigital.nccbank.com.bdActiveHTTPS
  • islamic.nccbank.com.bdActiveHTTPS
  • parama.nccbank.com.bdActiveHTTPS
  • css.nccbank.com.bdActiveHTTPS
  • greenpin.nccbank.com.bdActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Frequently Asked Questions

Frequently Asked Questions

Common questions about NCC Bank

Most Popular Questions
Customers can contact NCC Bank via phone, live chat during business hours, email, or WhatsApp. Support is provided in English, and the bank's main office is located in Dhaka, Bangladesh.
the maximum leverage offered is 1, indicating that leverage is not typically provided for trading through this bank.
The minimum deposit amount to open an account with NCC Bank is 500 USD. Further details about account types or additional fees are not specified in the provided context.
NCC Bank supports various deposit and withdrawal methods including cash deposits and withdrawals at branches, ATM withdrawals, online banking transfers within NCC Bank and to other banks, as well as remittance services via Western Union and MoneyGram. Most methods have no fees, except ATM withdrawals at other banks which incur a small fee.
NCC Bank Limited is regulated by the Financial Services Commission (FSC) of Bangladesh. It holds a Financial Service license and operates under government regulation, providing a medium level of transparency and regulatory compliance.
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