2.
Bangladeshis having dual nationality residing abroad
3.
Bangladesh nationals serving with missions of Bangladesh in foreign countries
4.
Officers/staff of the government/semi-government organizations /nationalized banks and employees of body corporate posted abroad or deputed with international and egional agencies against foreign currency remitted through banking channel or brought in cash.
Initial deposit
Generally USD1000 or GBP500 or equivalent. For the Foreign nationals, companies/firms registered and/or incorporated abroad, other financial institutions including
institutional investors abroad and Type-A units in EPZ USD 25,000 or equivalent.
Account Nature
As term deposits maturing after 1/3/6/12 months, can be maintained in US Dollar (USD), Great Britain Pound (GBP), Euro (EUR) or Japanese Yen (JPY).
What to deposit
Remittances sent from abroad through banking channel, fund sent from
private FC accounts, proceeds of convertible foreign exchange viz. currency notes, TC, drafts etc.
brought into Bangladesh by the account holders while on visit to Bangladesh may be deposited
to such accounts.
Deposit balance may be used
NFCD may be sent abroad through banking channel, encash to
Bangladesh Taka for local disbursements or currency notes, TCs & cards while proceeding
abroad.
Profit
At the Euro-currency deposit rates, profit is exempted from the tax payable. In case of
premature repayments, the principal can be withdrawn while profit amount will be forfeited to
the depositing AD.
A/C Opening Requirements
2 copies of recent PP size Photograph
Photocopy of Passport
Citizenship certificate (if available)
Certificate or approval from our authority for exporting
manpower
