Non Resident Foreign Currency

Deposit Account (NFCD)

Get the best out of your foreign currency deposits with our Non Resident Foreign Currency Deposit Account.

Earn Interest on Your FC Savings
Maturity Tenure of 1-12 Months

Features

  • Perfect FC transaction solution for,
    • Bangladeshi residing abroad
    • Bangladeshi getting salary in foreign currency in Bangladesh
    • Foreign national residing abroad or in Bangladesh
    • Foreign missions and their expatriate employees.
  • Save in in Pound Sterling, US Dollar, EURO or Japanese Yen.

Eligibility

  • At least 18 years of age.
  • Bangladeshi national serving with Embassies/High Commissions of Bangladesh in foreign countries as also the officers/staffs of the Government/Semi-Government departments/nationalized banks and employees of body corporate posted abroad or deputed with International and Regional agencies like IMF, World Bank, IDB, ADB etc.
  • Foreign nationals and companies/firms registered and/or incorporated abroad, banks, other financial institutions including institutional investors and 100% foreign owned (A -Type) industrial units in the Export Processing Zones in Bangladesh.

Requirements

  • Account opening balance of USD 1,000 or Pound Sterling 500 or equivalent.
  • Account opening balance of  USD 25,000 or its equivalent in pound sterling, Euro or Japanese yen for Foreign nationals and companies/firms registered and/or incorporated abroad
  • Two copies of recent passport size photograph of Depositor & Nominee duly attested by Depositor
  • Photocopy of passport & work permit of the Depositor.
  • Salary certificate or employer’s certificate of the Depositor.
  • NID/Passport/Birth Registration Certificate &  Letter of Authority for nominee
  • Introduction of a Prime Bank account holder.
  • Utility bill copy of present residential address (not more than 02 months old)
  • Click here to know more about the rules for opening & operating FC accounts

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