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Foreign Exchange Education Related Services at BRAC Bank Ltd.

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Education Related Services (ERS)

BRAC Bank ERS offers 'Student File' services which eases educational related financial transactions abroad. Student File opening is a mandatory requirement set by Bangladesh Bank for Foreign Exchange transfer to other countries. Through opening Student File, educational related expenses can be remitted abroad.

Why BRAC Bank Student File?

            Easy transfer of Tuition Fess & Living expenses
            Faster processing of Student File
            Flexibility of Foreign Currency endorsement
            One Stop Service at Student Service Center
            Dedicated service desk in branches
            Competitive exchange rate

Eligibility:

Students who have taken admission in regular courses such as undergraduate, post graduate, language course pre-requisite to bachelor degree & professional diploma/ certificate courses in recognized institutions abroad

Student Quota
Education Cost & Living Cost as per estimate furnished by Foreign Institution/University and USD 200 or equivalent for transit expenses

Services offered
            Student File Opening
            Foreign Demand Draft (FDD)/ Foreign Telegraphic Transfer (FTT) issuance for tuition fees & to pay off living expense

Documents required
            Valid Passport
            One Passport size photograph
            Admission letter issued by the educational institution in favor of the student
            Estimation of annual tuition fee, board and lodging, incidental expenses etc. issued by the concerned educational institution

            Refund policy
            All educational certificate and mark sheet

            Visa & confirmed ticket (Required to release the living cost)
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