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Introducing MTB Visa Bond Prepaid Card under Visa network, a secure and convenient solution for making Visa Bond/Security Deposit payments without utilizing your Travel Quota. The card enables payments of (at actual) equivalent annually through approved Visa Bond/Security payment portals.

Key Features
  • Apply directly from MTB Neo for Virtual Visa Bond Prepaid card (existing MTB client only) or through MTB Branches/Sub-Branches for Physical Card.
  • Seamless Visa Bond/Security Deposit payments while keeping your Travel Quota fully available for travel purposes.
  • Transactions enabled for selected authorized Visa Bond/Security payment portals and websites.
  • Card services through MTB Neo.
Required Documents for Visa Bond Prepaid Card & Payment

For Visa Bond Physical Prepaid Card:

  • Basic Identification documents for issuing the prepaid card (NID/Source of fund documents/Utility bill copy etc.)
  • Photo 1 copy
  • Passport Copy
  • Official Demand Letter/Invoice mentioning amount, currency, refund policy.
  • Visa Application Reference/Acknowledgement.

For Minor applicant only physical card can be issued by submitting Legal Guardian’s documents.

For Visa Bond Virtual Prepaid Card

  • Apply directly through MTB Neo and activate the card from the “Virtual Card” section.
  • Transfer the Bond amount (equivalent BDT) from your MTB or any other bank account to the generated MTB Virtual Bond Card along with applicable card issuance and SMS charges.
  • After activating the card, send an email to customer.service@mutualtrustbank.com from your registered email address, requesting activation of foreign transactions for the Bond amount. Please attach the following documents:

i. Embassy Demand Letter/invoice mentioning the Visa Reference Number, Amount , Currency and Refund Terms

ii. Copy of Visa Application proof

iii. Copy of Passport

Schedule of Charges
Important Notes
  • Cardholder can only make his/her own Visa Bond payments using the Visa Bond Prepaid Card. The cardholder’s name must match the name mentioned in the Visa Application Form.
  • Transactions outside approved Visa Bond/Security payment portals are not permitted.
  • Annual load limit applies as per regulatory guidelines and Bank policy.
  • The card can be closed once the remitted Bond/Security amount has been repatriated.
  • Visit your nearest MTB Branch/Sub-Branch or contact MTB Contact Center at 16219 for further details regarding application, documentation and card usage.