Standard Chartered

Standard Chartered Bank

Phone: +880-2-8833003-4, 01819 399999, (02) 896 1151

NFCD Account

It is an Interest bearing Foreign Currency (FCY) Term Deposit accoun
* No fees and charges
* Dual-Nationals can open this account
* Funds along with interest in these accounts can be freely repatriated abroad
* No tax on interest
* FCY can also be converted into Taka
* The fund must be present in the account for at least 1 month to earn interest
DPS Type
Fixed deposit
Interest Rate
Rates are based on international market rates and Bangladesh Bank guidelines
Initial Deposit
* Minimum USD 1000 or GBP 500 (for individual Bangladeshis)
* Minimum of USD 25,000 or equivalent GBP (for others)
Maturity Period
Fund has to be present for Minimum 1 month
* Non Resident Bangladeshis
* Local Companies register in Bangladesh but operation in abroad
* Foreign nationals, companies, firms, banks, financial institutions and EPZ units


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