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Foreign Currency Act. for private individual/firm/organization
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Any person/firm/organization who earns foreign currency can open
Foreign Currency Account with UBL.
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Payments in foreign currency may be made freely abroad from this
account and local payment in Taka may also be made from this account.
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Bank pay interest provided the accounts are maintained in the form of
term deposit for minimum period of 90 days.
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Requirement
for opening of the account
:
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Account
opening form as per format below. The account opening form and signature card to be filled in and duly signed.
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Two
copies passport size photographs of the account holder duly attested by remitter's Bank/Embassies
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Photo
copies of the first 7 pages of the passport duly attested by the remitters bank/exchange
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companies
having drawing arrangement with UBL or by Bangladesh Mission abroad.
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Foreign
Currency Account for Bangladeshi Nationals Working and earning abroad.
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No
initial deposit is required.
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A/c
holder may nominate his nominee to operate the account.
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The
account holder can freely transfer entire amount in foreign currency anywhere he chooses or can convert into Bangladesh Taka currency.
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Funds
from this account may also be issued to the account holder upto his entitlement for the purpose of his foreign travels in usual
manner.
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Requirement for opening of the account :
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Account
opening form as per format below . The account opening form and signature card to be filled in and duly signed.
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Two
copies passport size photographs of the account holder.
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Copies
of employer’s certificate/work permit.
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One
copy of the passport size photograph of the nominee if any to be attested by the account holder.
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Photocopies
of the first 7 pages of the passport of the account holder.
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