Private Foreign Currency Accounts
Eligibility
- Bangladeshi nationals working /residing abroad (including dual nationality)
- Foreign nationals residing abroad or in Bangladesh
- Foreign firms registered abroad and operating in Bangladesh or abroad
- Foreign missions and their expatriate employees.
- Diplomatic Warehouse (Duty free shops) licensed by the Custom Authority
- Local and Joint Venture contracting firms employed to execute projects by foreign /International donor agencies as per terms of the contract.
- Resident Bangladeshi nationals working with the foreign /international organizations operating in Bangladesh with entitlement to receive salary in FCY.
- Shipping Lines, Buying Houses, Money Exchanges of Bangladesh
- Eligible currencies: USD, GBP, Euro, JPY
Non–Resident Foreign Currency Deposit (NFCD) Account
Eligibility
- Bangladeshi nationals working /residing abroad (including dual nationality)
- Foreign nationals in Bangladesh or residing abroad
- Foreign firms registered abroad, banks, other than financial institutions including institutional investors who are operating in Bangladesh or abroad and 100% foreign owned (A-Type) industrial units in the EPZ in Bangladesh.
- Foreign missions and their expatriate employees.
- Bangladesh nationals working with Embassies /High Commissions of Bangladesh in foreign countries.
- Bangladeshi nationals working abroad under Government /semi Government Departments, Nationalized Banks and Corporate bodies.
- Bangladeshi nationals working with international and regional agencies like IMF, IBRD, IDB, ADB, and WHO etc. during the period of their deputation abroad.
- Resident Bangladeshi nationals working with the foreign /international organizations (e.g. International University of Technology (IUT)) operating in Bangladesh receiving salary in FCY.
- Eligible currencies: USD, GBP, Euro, JPY
Resident Foreign Currency Deposit (RFCD) Account
Eligibility
Customer resident in Bangladesh may open RFCD account with foreign exchange brought in at the time of their returns from travel abroad. Eligible currencies are USD, GBP, Euro, JPY.
Convertible Taka Account
Eligibility
- Foreign Nationals, Organizations, Diplomatic missions, UN organizations, Non-profit international bodies
- Foreign contractors and consultants engaged for specific project under the Government or semi Government agencies
- Expatriate employees of the above noted missions/ organizations residing in Bangladesh.
- Foreign airlines and shipping lines operating in Bangladesh.
Non–Convertible Taka A/C
Eligibility
- Foreign Nationals, Foreign organizations, UN organizations
- Diplomatic missions
- Non-profit international bodies.
- Foreign contractors and consultants engaged for specific project under the Govt. or semi Govt agencies
- Expatriate employees of the above noted missions/ organizations residing in Bangladesh.
- Foreign airlines and shipping lines operating in Bangladesh.
Note:
- The proceeds of the Non-convertible Taka account may be utilized to meet the local expenses in Taka only.
- Conversion of any amount from this account in to FC is not allowed
- Transfer of any amount into any convertible A/C is also not allowed
Resident Investor’s Taka Account (NITA)
Eligibility
All of the below mentioned individuals /concerns may open a Non-Resident Investor’s Taka Account (NITA) to buy Bangladeshi shares & securities etc.
- Bangladeshi nationals residing abroad (including dual nationality)
- Foreign nationals residing abroad or in Bangladesh
- Foreign firms registered abroad and operating in Bangladesh or abroad
Non-Resident Taka Account (NRTA)
Eligibility
- Companies or firms residing outside Bangladesh.
- Bangladeshi nationals residing outside Bangladesh for the purpose of employment, study, business tour, pleasure trip etc.
Opening of a non-resident Taka Account
Foreign National’s Taka Account
Eligibility
- Foreign nationals residing in Bangladesh
- Companies or firms (other than bank) whose head office or controlling office is outside Bangladesh but have operation in Bangladesh.
- Prior approval of Bangladesh Bank is not required for opening the account.
Temporary Non-Resident Taka Account (TNRTA)
