Standard Chartered Bank
Phone: +880-2-8833003-4, 01819 399999, (02) 896 1151
Email:
Name
Convertible & Non-Convertible Current Account
Description
Convertible Taka Account is a special type of account which can receive funds in FCY but the balance will convert into Taka. The balance in that account can be freely repatriated abroad or can be disbursed locally in Taka.
Type
Current Account
Eligibility
Foreign Organizations and nationals who receive funds in FCY but have to meet expenses in local currency can open these Accounts.
Details
Special Features
* Cheque book facility
* Debit Card facility for individuals
* Banks can pay interest on the deposit of a convertible Taka account but the interest will have to be disbursed in a Non-convertible Taka Account and no portion of the interest can at any time be repatriated abroad.
* The account holder can issue FCY for travel purpose.
* Cheque book facility
* Debit Card facility for individuals
* Banks can pay interest on the deposit of a convertible Taka account but the interest will have to be disbursed in a Non-convertible Taka Account and no portion of the interest can at any time be repatriated abroad.
* The account holder can issue FCY for travel purpose.
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