Non-Resident
Foreign Currency (NFCD) Account
Non-Resident Foreign Currency Deposit (NFCD) Account
is an interest bearing foreign currency account.
Bangladeshi nationals staying in another country and
earning foreign currencies or after their return to Bangladesh within last six
months can open NFCD Account.
Minimum amount required to open is USD 1000 or GBP
500 or equivalent currency in Euro.
Product
Features:
·
A term deposit account in the form of
foreign currency
·
Open in the form of USD, GBP & EURO
·
Flexible tenor of 1M, 3M, 6M & 12M
·
Interest on deposit of NFCD account is
exempted from the tax payable under the Income Tax Act.
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