1. Private Foreign Currency (FC) Deposit Account

• This is a saving A/c in which you can avert the risk/threat of exchange loss as this account is maintained in FC i.e. in USD, Euro GBP etc.
• You can earn attractive interest in this account
• You can withdraw money from this account at any time you wish
• Presence of accountholder is not mandatory for opening this type of account.
• If the accountholder wishes he/she can open the account by sending the necessary documents from abroad.
• We are trustworthy to all our customers and your hard-earned money is safe with us.

Rate of interest for Foreign Currency (FC) deposit account is as under:
 

Higher interest will be offered for balance of USD 25,000.00 (or equivalent foreign currency) or higher. You can earn attractive rate even you maintain an average deposit of USD 1,000.00 (or equivalent foreign currency) or higher.
 

*ECDR stands for Eurocurrency Deposit rate.

2. Non-resident foreign Currency Deposit (NFCD) Account

• You can deposit foreign currency for a term of 01/03/06/12 months and earn highly attractive interest on your deposit
• Interest will be compounded automatically if you do not withdraw your fund after maturity
• You can withdraw interest on maturity
• Presence of accountholder is not mandatory for opening this type of account
• If the accountholder wishes he/she can open the account by sending the necessary documents from abroad or after returning home (even returning permanently)

Rate of interest NFCD A/C is as under:

The higher interest may be offered if minimum deposit is USD 25,000.00 or equivalent foreign currency.
*ECDR stands for Eurocurrency Deposit rats.

**** Attractive rate may be offered for deposit of USD 1.00 million or more.

Persons/concerns eligible for opening private FC and NFCD accounts

Bangladeshi nationals working/residing abroad, foreign nationals residing abroad or in Bangladesh, foreign missions and their expatriate employees, foreign firms registered abroad and operating in Bangladesh or abroad and Bangladesh nationals working in foreign/international organization in Bangladesh with entitlement to receive salary in foreign currency may open private FC account with our branches in Bangladesh.

Bangladesh nationals proceeding abroad as employee / migration / self-employment

Documents required for private FC and NFCD account

• Account opening form & signature card filled in and signed by the account holder,
• Know your customer (KYC) form duly filled in,
• Copy of passport/National ID/ Driving license etc.,
• Photograph 02 copies of A/c holder
• Photograph of nominees of the account duly attested by the A/C holder etc.