2013-07-15

Added · Updated

DID Circular No. 04: Online Submission of Information for Deposit Insurance Premium Assessment (IDIPA) in New Format

Scheduled banks in Bangladesh must submit deposit insurance premium information using the new online IDIPA format established by Bangladesh Bank. Until further instruction, banks are required to submit this information both online and in hardcopy to the Deposit Insurance Department before the last day of the next month following each half-year end. Failure to submit statements on time results in monetary punishment and fines under clause 109 (7) of the Bank Company Act, 1991. Only scheduled banks are eligible to use the IDIPA format, requiring two nominated officials to collect user credentials from the department.

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Bangladesh Bank Head Office Post Box No.‐325 Deposit Insurance Department Dhaka www.bb.org.bd Circular No.‐ DID‐04/2013                                Managing Director/Chief Executive All Scheduled Banks in Bangladesh Dear Sir, Regarding online submission of Information for   Deposit Insurance Premium Assessment (IDIPA) in new format. Please refer to DID Circular No. 01, dated on July 06, 2011 of this Department regarding the captioned subject. 01. All the Scheduled banks in Bangladesh are instructed to submit necessary information regarding deposit insurance premium to Deposit Insurance Department as per specified format for the calculation of deposit insurance premium. Henceforth, it has been decided that banks will send the required information through online in the new format [Information for Deposit Insurance Premium Assessment (IDIPA)] established by Bangladesh Bank. 02. Until further instruction, information of deposit insurance premium determination has to send both through online & in a hardcopy (Existing System) to this department before the last day of next month of every half year ended. If banks fail to submit statement in due time, monetary punishment & fine will be imposed under the clause 109 (7) of Bank Company Act, 1991. 03. Instructions for sending information through online are stated below: a) Only Scheduled banks in Bangladesh will be eligible to use this specific format (IDIPA). b) To reach the format, log in Bangladesh Bank website www.bb.org.bd Services  E‐services  IDIPA. c) To log in the format, every bank has to nominate two eligible officials for collecting specific User ID & Password from this department. d) Before sending the statement, accuracy of information has to be ensured. e) To know more information regarding this issue, please contact at gm.did@bb.org.bd. It has been advised to inform the subject matter to all concerned. Please acknowledge receipt.        Yours faithfully, Enclosure: 01 (One)                        (Maksuda Begum)           Deputy General Manager Phone‐ 9530243 E‐mail: maksuda.begum@bb.org.bd Date:    31 Ashar, 1420 15 July, 2013

Annexure- A Information for Deposit Insurance Assessment (IDIPA) Bank's Name :........................................

Reference: CIRCULAR NO.-DID-04/2013 Date: 15-07-2013

Subject: Statement/Information regarding preparation of Deposit Insurance Premium for the half year January-June/July-December

The information base position as of 31 December/30 June

(Figure in Taka) Total Demand & Time Liabilities :

  1. Customer Deposit/Depositor's Deposit :

  2. Interbank Deposit : a. Deposit from Banks b. Borrowing from Banks

  3. Government Deposit : a. Government Deposit (Local) b. Government Deposit (Foreign) :

4 Financial Institution Deposit (except bank) : a. Deposit & Borrowing from Public Financial Institutions b. Deposit & Borrowing from Private Financial Institutions

  1. Amount of Loan against FDR :

  2. Other Deposit/Liabilities (Break-up list enclosed ) :

Total : Customer/Depositor's Deposit Composition Customer Deposit/Depositor's Deposit Number Amount (Fig. in Taka)

  1. 1-100000/- Depositors' Number & respective amount :

  2. 100001-200000/- Depositors' Number & respective amount :

  3. 200001/- & above Depositors' Number & respective amount : Total :

Signature, Name & Seal of Departmental Head Signature, Name & Seal of Authorized Officer

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