Open Offshore Banking Deposit Account with Mercantile Bank Offshore Banking and invest to enjoy attractive interest/profit on designated deposit account.
Note: International Banking (IB) Account can be opened in the name of resident on behalf of non-resident only when there is a bonafide relationship between the resident and non- resident.
Individual Account:
Resident Bangladeshi individuals and corporate entities, including Type-A, Type-B, and Type-C industrial enterprises operating in EPZs, EZs, or Hi-Tech Parks, with bona fide relationships with non-residents, can open an OBU Savings Account. Accounts can be opened online or by visiting the bank in person with ZERO balance required. Enjoy the flexibility of withdrawing funds anytime, with the convenience of secure international transfers. (Note: All transactions are in transfer mode; no cash or over-the-counter transactions allowed.) Apply now
Resident Bangladeshi individuals with bonafide relationships to non-residents can open an OBU Fixed Deposit Receipt (FDR) Account either online or in person. Start with a minimum deposit of USD 1,000 or its equivalent in EUR/GBP. Choose from flexible deposit terms: 3, 6, or 12 months, or 2, 3, 4, or 5 years. Earn tax-free interest on your fixed deposits. Apply now
Non-Individual/Corporate Accounts::
Resident Bangladeshi corporate entities, including Type-A, Type-B, and Type-C industrial enterprises in EPZs, EZs, or Hi-Tech Parks, with bona fide relationships with non-residents, can open an OBU Current Account with Offshore Units by visiting the bank. Accounts can be opened with ZERO balance, and funds can be accessed at any time with the option for secure remittance abroad.
Resident Bangladeshi corporate entities, including Type-A, Type-B, and Type-C industrial enterprises in EPZs, EZs, or Hi-Tech Parks, with bona fide relationships with non-residents, can open an OBU FDR Account by visiting the bank. Start with a minimum deposit of USD 1,000 or its equivalent in EUR/GBP. Flexible terms of 3, 6, or 12 months, and up to 5 years, are available. Earn tax-free interest on your fixed deposits.
For Individual Accounts:
For Non-Individual/Corporate Accounts:
Deposit Type |
Rate |
---|---|
OBU Savings Deposit |
2.00% for any amount |
OBU Current Deposit |
Nil |
OBU SND Deposit |
Negotiable |
OBU Fixed Deposit Rates |
|
*Benchmark Reference Rates:
click here to view today's Benchmark reference rates.
Please use the following details for sending remittances:
For Individual Accounts:
For Non-Individual/Corporate Accounts:
For Individuals:
For Non-individual/Corporate Entities:
Since 2010, Mercantile Bank PLC has been providing comprehensive offshore banking services, strictly adhering to the regulations set forth by Bangladesh Bank. With two dedicated Offshore Banking Units, Mercantile Bank offers seamless and secure global financial solutions for both individuals and corporations.
Our Offshore Banking Locations:
Mercantile Bank Offshore Banking Units offer a wide range of services tailored to meet global financial needs:
Eligible customers can access foreign currency loans and advances, in compliance with Bangladesh Bank guidelines:
Mercantile Bank PLC
Monir Mansion, 18 Dilkusha C/A
Dhaka-1000, Bangladesh
Telephone : +88-02-223355350
Email : hod_obd@mblbd.com
SWIFT : MBLBBDDH
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