Answer.
Exporter can open this type
of FC account in the name of concern export unit/company.
Thursday, June 29, 2017
What is the rate of interest in RFCD Account?
Answer:
The rate of
interest should be 0.25% less than the rate of interest at which interest is
paid on balances of bank in their FC clearing accounts maintained with the
Bangladesh Bank.
What is the minimum deposit required in RFCD Account?
Answer:
Minimum deposit in the RFCD account is USD 100.00 or
GBP 500.00 or equivalent
Who can open Resident Foreign currency Deposit (RFCD) Account?
Answer:
Persons ordinarily resident in Bangladesh may
open RFCD Account with foreign exchange bough in at the time of their return
from travel abroad.
What is the utilization of fund in NFCD Account ?
Answer:
Ø After maturity , AD can
freely transfer any amount with interest any where of the world by FTT, FDD etc
as per request of the account holder
Ø Account holder use the FC
for travel purpose in the form of Travelers cheque & cash form
Ø Account holder can encash
the FC in local currency
Ø FC may be transfer to
another F/C/NFCD account
Ø To meet the import
obligation
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