Saturday, July 1, 2017

What are the requirement of opening Non-Resident Taka Account ?



Answer:
Ø  Without prior approval of Bangladesh Bank, Bank can not open any New non-resident Taka account. 
Ø  To open a new non-resident account- the application to be forwarded to Bangladesh Bank for approval mentioning the following particular:
(i)                Application giving full name and permanent address
(ii)             The reason why the account is required
(iii)           The manner in which it will be kept in funds

Ø  However, a non-resident account may be opened without prior approval of Bangladesh Bank for crediting the inward remittance, which is received through banking channel or postal channel. In this case, funds credited represent the proceeds of foreign currency and the same to be freely disbursed locally.

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