National Bank Limited gives the opportunity to maintain foreign currency account through it's Authorized Dealer Branches.
RESIDENT FOREIGN CURRENCY (RFC) DEPOSIT
- No initial deposit is required to open the account.
- The rate of interest shall be one quarter percent (0.25%) less than the rate at which interest is paid on balances of bank in their foreign currency clearing accounts maintained with Bangladesh Bank.
- They will get interest on daily product basis on the credit balance (minimum balance of US$ 1,000/- or GBP 500/- at least for 30 days maintaining in the account.
NON-RESIDENT FOREIGN CURRENCY (NFC) DEPOSIT
- NFCD Account can be opened for One month, Three months, Six months and One Year through US Dollar, Pound Starling, Japanese Yen and Euro.
- The initial minimum amount of $1000 or 500 Pound Starling or equivalent other designated currency.
- Interest is paid on the balance maintain in the account. The interest –on deposit into this account is exempted from tax payable under income tax ordinance.