Home   |  Issues  |  The Daily Star Home | Volume 4, Issue 4, Tuesday January 30 , 2007



Banking Tips

Nasreen Sattar , Head of International Sales, Standard Chartered Bank

Suppose an account holder gives mandates to person “B” for the operation of his account. Can “B” open a LC?

Yes “B” can sign for opening LC provided the mandate given to B empowers B to do so. This mandate is given in the form of a board resolution that will stipulate B's authority for all banking transactions, including opening LCs. In case of any dispute, the mandate will hold.

I have a Fixed Deposit Account (payable to either or survivor) with my brother who lives overseas. The Fixed Deposit will mature on soon. We, however, need to encash it before maturity because we urgently need the fund . Can I sign alone to encash the FD?

As per banking rule one depositor does not have the right to take back the amount before its maturity. The mandate 'payable to either or survivor' is intended to be applicable only at the time of maturity of the deposit. Till then it remains a joint debt, which may be withdrawn only with the consent of all of them. If one of the joint signatories requests the banker for repayment of the fixed deposit before its date of maturity, the banker should do so only after obtaining the consent of the other joint depositor.

Can I make my deposits through the ATM? How safe is it?

Deposits are made through the ATM in sealed envelopes. ATMs are considered very secure and you will receive an advice slip of your deposit.

Is there a limit to how much Bangladesh Shanchaya Patras (BSP) an individual can purchase? Please advise me as I have recently sold a plot of land and would like to invest the money.

Please note the following:
For 5 years BSP Individual limit: 50 Lac
Joint limit: 1 Crore
For 3 years 3MSP (3monthly Interest Based Shanchayapatras)
Individual limit: 50 Lac
Joint limit: 1 Crore
Each type can be purchased simultaneously either individually or jointly within the maximum limit.
For example: A has purchased BSP for 40 Lac individually, now A can purchase BSP for another 20 Lac jointly with B.

I am a salaried person with limited savings. I want to apply for a loan to buy a house. I already have an account with Standard Chartered Bank and would like to know if I am eligible for the Home Loan.

Eligibility criteria for Home Loan at Standard Chartered Bank is as under:

- Profession: Applicant should have at least three years of service / professional / business track records

- Minimum Income:

o For salaried persons: BDT 25,000 per month
o For business persons: BDT 35,000 per month

- Minimum Age: 25 years

-Maximum Age: 65 years/retirement (which ever is lower) at the end of loan tenor.

- Proposed Property: Any leasehold / private / freehold land or house or apartment under the City Corporation of Dhaka and Chittagong

Please get in touch with your Branch Manager for other documentation/formalities that need to accompany your application.


Dental Wise

Hello Dr. Khan
Thanks for the article you wrote about using "gool". My father was addicted to “gool” for 15 years but he quit after reading your article. Thank you for addressing this question.
Jubaer Akhand

Dear Mr Akhand,
You are most welcome.

Dr. Mahfujul Haq Khan,
I am a regular reader of your column and I would like to express my appreciation for your work. I suffer from 'dental phobia' and I would like to know if there is any way to get rid of it.
Kartik Saha
West Kafrul

Dear Mr Kartik
The reasons people fear dentists are varied and include pain, cost of treatment, lack of control while in the dental chair, embarrassment, previous bad experiences and fear of the unknown. I do not know which one is applicable for you.

Please choose a dental clinic that has a clean atmosphere, friendly environment and is close to your home. Take an early appointment as a first patient and tell the receptionist that you are nervous about treatment. This first appointment with your dentist will usually be to discuss your fears about treatment and to do an initial examination of your teeth.

Dentistry has come a long way over the last few years and many of you will be surprised on your next visit. Even if you have put off going to the dentist and are experiencing problems, your dentist has new ways to provide relatively painless treatment. To eliminate the discomfort associated with injections, topical agents are applied to tissues prior to the injection.

But whatever the new advances in dentistry, a clean, soothing atmosphere and a calm, reassuring dentist can make your next dental visit more pleasant.

I sent some questions to Dental Wise column seven months back, but unfortunately have not received any answers so far. My question was about infection contamination (hepatitis virus, HIV and so on) in dental practices.
Asad Ali

Dear Asad Ali
I am very sorry for the late response. Sometimes I avoid answering particular questions because of recent publications of the same query.

It is the duty of all dental professionals to use infection control guidelines. Dental professionals who do not use infection controls are playing with AIDS, Hepatitis virus, and other deadly unknown germs possibly threatening themselves, their staff, their patients and their families.

Any surgical instrument, once used, becomes a potential source of infection to another patient and to anyone handling the instrument. To minimise the potential risk, each instrument must be cleaned and sterilised as soon as possible after use.

To eliminate the risk of disease transmission, sterilise all reusable instruments, equipment and additional items after each use. Common methods of sterilisation in dentistry are steam under pressure (autoclave).

In order to ensure your safety, observe your dentist at work very carefully. Note carefully whether your dentist observes basic mandatory cross infection control techniques such as obtaining complete medical histories, changing gloves routinely for every patient, being particular about personal hygiene and washing his hands regularly. Of immense importance is whether the dentist uses sterilised instruments and disposable needles and suction tips. An 'autoclave' is the most important tool for sterilisation in dentistry. Please ask your dentist whether he uses this process. Simply boiling the instruments in a boiler, a common practice, is neither helpful nor advisable. It is never an alternative to sterilisation which destroys even the most resistant forms of micro-organisms.

Remember, these essential measures increase the cost of providing care. Your dentist can itemise the charges of these measures separately. However, if you find a dentist not complying with these essential cross-infection control procedures, condemn his or her gross negligence aloud in his office. You will be doing great service towards promoting the safety of other patients before you walk out.

For more information please log on to www.aikodental.com

By The Way

BRUSH your hair: Yep, the good old fashioned hundred strokes. This stimulates blood supply to the scalp, removes dead skin cells from the scalp before they can get infected, and distributes sebum over the hair shaft for moisturising and protection. Bend over from the waist and hang limply while doing some of the brushing. Use a natural bristle brush or other gentle brush. Be careful and don't hurry. Better to go slow and only get 30 strokes in, than go fast and risk breaking or pulling out your hair. Get into the habit of brushing your hair thoroughly before washing it.

Under A Different Sky

By Iffat Nawaz

Deepabolis aren't happy

I read it in the closet, hiding everyday. Although my parents were not at home, and my brother was busy doing what little eight year olds do, I still read it hiding. I was twelve and I discovered another world, in my parents bedroom, on their bookshelf- a copy of a book named “Saat Kahon”, the book that spoke of another twelve year old in another place but maybe not another time, a time that could be mine or my mother's. I knew even though the main character Deepaboli or Deepa was my age that the book wasn't for me. Not yet at least. So I read it with even more enthusiasm because Somoresh Mojumdar knew how to capture a twelve year old Bengali girl's heart.

Deepa was a beautiful girl, she resembled Suchitra Sen, she captured every man's heart even as a teenager, and then she was pre-maturely married off to produce children for a sick landlord's son. Deepa didn't succeed as a wife or a mother there, she left, came back home, her sick husband died. Deepa stayed home, studied, excelled in everything, but all throughout she followed a warrior's manner, wore light colors of a widow, spoke little but when she did she spoke strongly, she struggled through life, but kept her morals and values at a high place, her Bengali girl idealism could be compared to a Hindu goddess, making it impossible to be real, but I as a teenage girl ate her idealism up like that is the only way to live life. Deepaboli didn't have optimism she had strength, a strength that came from victimisation, Deepaboli didn't compromise she sacrificed, Somoresh gave her all the pain and anguish in the world to cope with and she did it with her negative silent strength, being the good Bengali girl, upholding the perfect picture of how Bengali girls should be. And we learnt how to be and how not to be.

I remember a part of the book where Deepaboli learns to tell a women's character by looking at the back of her ankle and I remember how deeply that stuck with me. I remember getting upset at myself every time I wore a new pair of shoes which gave me blisters on the back of my ankle and I scolded myself for having bad character way before I knew what bad character meant.

When I was thirteen my father gave me a brand new copy of Saat Kahon and told me I should read the book. I pretended like I hadn't read it and finished the two parts of Saat Kahon once again…and by the second time around I knew it like a holy book. Deepa's idealism stuck with me like a mantra and I judged myself against her although I knew I could never be as good as her and I felt sorry for myself.

At twenty eight now I wonder. I wonder how many girls Somoresh fooled like me. Through the journey of life I realised Deepabolis don't exist, they can't exist, the world cannot be black and white and you cannot fight the world with one hand and hold up your honour and respect with the other. In fact there is no need to fight; you can simply win by ignoring the negatives or overcoming them through positive strength. Deepaboli's pessimism taught me how to be optimistic, her idealism showed me how narrow mindedness can be born and carried through out life…how we can all call ourselves hypocrites and live in guilt because we will never be that impossible perfection that doesn't exist and thank god for it.

I met the author of Saat Kahon once and he was more ordinary than ordinary. What he said wasn't impressive, his point of views didn't distinguish him from the next guy, he sat there with a proud smirk and cigarette in one hand and asked me silly questions like “Do you have a boyfriend?” or “Do you still eat with your hands?” I knew it then. Deepabolis definitely don't exist except in conceited men's day time fantasies: a creation of failed perfection and impossible idealism… to rule us.



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