Non-Resident Foreign Currency Deposit Account

• All Non-Resident Bangladesh nationals and persons of Bangladesh Origin including those having dual nationality ordinarily residing abroad may open this account with any AD branch of Uttara Bank Ltd.

• The NFCD account may be opened in single/joint name for a period of 1, 3, 6, 12 months.

• This account may be maintained as long as account holder desires.

• On maturity the account holder can encash it in local currency or can transfer the amount including accrued interest anywhere he likes.

• Initial deposit US$ 1000 or GBP 500 sterling or equivalent currency.

• The account offers attractive interest.Payable in foreign and tax free.

• The account with accrued interest can be renewed either of the instruction of the account holder or be renewed automatically if there is no instruction otherwise.

• No interest is given on premature encashment.

• Account opening form as per format below.  The account opening form and signature card to be filled in and duly signed.

• Two copies passport size photographs of the account holder.

• Photocopies of the first 7 pages of the passport duly attested by the remitters bank/exchange companies having drawing arrangement with UBL or by Bangladesh Mission abroad.

• Brochure
• Opening Form
• Nominee Form
• Signature Verifying Card