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EBL Global
NRB Banking
EBL Global is an FCY current account which can be opened in USD/GBP/Euro/Yen without restriction on transaction frequency. The account can be operated by the mandate by the account holder. Account fund remains in foreign currency and is freely remittable in abroad and encash in Bangladesh in local Currency.
Key Features
Deposit can be made in foreign currency only (cash, TC or Drafts or transfer from other FCY account and during temporary visit to Bangladesh by account holders, subject to proper declaration)
Cash withdrawal facility from the account is in local currency in Bangladesh
Payments may be made freely abroad from these foreign currency accounts to the extent of balances lying therein
Global VISA debit card against account balance is issued -can be used anywhere in the world; local expenses to be settled in FCY.
Fund can be used to make investment in Wage Earners' Development Bond/NFCD term deposits.
Account balance is freely remittable.
Eligibility
Bangladesh Nationals residing abroad
People of Bangladeshi Origin
Foreign firms registered abroad and operating in Bangladesh
Foreign missions and their expatriate employees.
In case of individual accounts - age 18+ years
Minimum Initial Deposit
USD 500 or equivalent GBP/EURO/YEN minimum
Individual/Joint Applicant
Customer can open joint account with another Non Resident Bangladeshi (preferably close relatives).
Identification Documents
A certified copy of the valid passport, valid visa and a passport size photograph of the applicant; For Non Resident Bangladeshis holding foreign passport, "No visa Required to travel Bangladesh" should be stamped in passport.
Proof of address (utility bill/bank statement copy etc.)
Proof of income (such as last tax return/employment certificate/contract/recent pay slip)
One copy of passport size photo of the nominee which must be attested on the back by the primary account holder Photocopies of the above documents must be certified/ attested by any reputed International Bank/Notary Public/Bangladesh High Commission overseas.
A Bangladeshi Crew Membfr Of A Foreign Shipping Company Has To Provide
A certified copy of their passport and a passport size photograph (can be certified by a reputed International Bank/ Notary Public/ Bangladesh High Commission overseas)
A certified copy of the original mariner's book with the last port of entry Last work contract, letter from local agent confirming next date of joining vessel or current work contract.
One copy of passport size photo of the nominee (nominee's photo must be attested on the back by the primary account holder) Persons going for Job abroad Persons who are leaving Bangladesh with a job offer can open the account before leaving Bangladesh but no FCY deposit can be taken (zero balance). They will send the remittance after leaving Bangladesh. In such cases the offer letter has to be submitted as proof of income. In such cases VISA debit card and cheque book to be issued after the fund is deposited.
Debit Card
Global VISA Debit Card, which can be used at VISA location worldwide, will be issued for the Individual Accountholders. Cards will be available from June 2009.
Internet Banking
Internet Banking facility available for 24x7 banking access for easy monitoring of the account.
Utility Bill Payment
Payment of Utility Bills through Internet Banking facility.
Fees & Charges
No ledger fee
Minimum balance fee USD 10 half-yearly if balance falls below USD 500
No dormant activation charges
Global Debit card annual charges USD 10
Card replacement fee USD 10
PIN replacement fee USD 10
Closing of Account fee USD 10
Closing of Unsatisfactory Account USD 20
Please Note: The account will be operated as per the Bangladesh Bank GFET guidelines. All Fees, Charges & regulations shall follow Standard EBL Savings Account & Debit Card regulation & rates published. 5% VAT applicable on fees and charges & Income Tax shall be deducted at source on interest income (where applicable). EBL holds the right to change any interest rate, fees, charges and regulation without informing the customer.
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