New MICR Cheque Book
 
 
AB Bank has started Issuance of new cheque book from June 01, 2009 as per Bangladesh Bank guideline. You can conveniently collect new cheque book from your Account Opening Officer of your AB Bank branch. As per Bangladesh Bank instruction we have implemented MICR coded cheque book from June 6, 2009, which will be customized by the Bank. MICR is a process of printing cheques using magnetic ink and special fonts to create machine-readable information. It is the first step towards electronic cheque clearing process.

The new MICR coded cheque book will facilitate:
  • Quick processing and faster cheque clearing time
  • Prevent cheque related fraudulent activities
In this regard, we would request you to collect the new cheque book on or before July 31, 2009.

Bangladesh Bank Clearing House will not honor existing chequebook leaves after July 31, 2009. However, you may continue to use your existing chequebooks to withdraw cash over the counter or to transfer funds to another customer of AB Bank Limited at any of our branches.

We would therefore request you to submit your requisition slip duly signed by you from your old cheque book for new Personalized MICR-Encoded Cheque Book at AB Bank Limited branch where you have opened your account. Personalized MICR-Encoded Cheque Book will be supplied within 3 (three) working days on receipt of your requisition.

For any further queries, please feel free to contact any of our branches.