Resident Bangladeshi individuals’ relations with non-residents
Foreign nationals
Age 18 and above
Account can be opened in USD/EUR/GBP
Fund to be credited by inward remittances received through banking channels only
Foreign currency deposited in this account is freely convertible into Taka
Deposited foreign currency is freely remittable to abroad through a banking channel
There are many banking facilities available
Balance of these accounts are exempted from any Tax, Excise duty and Levy
Balance held in the deposit account can be transferred to the on-shore bank accounts for meeting necessary payment and various investments
Making outward remittances of the balance amount including interest/profit as and when necessary
Non-Personal/Corporate Account Opening Criteria
Corporate Entities including type A, B, C and industrial enterprises operating in special economic zones having bonafide relations with non-residents.
Companies/Firms registered & Operated in abroad
Foreign Institutional Investor & Custodian may open the account
The account can be opened by any entity outside of Bangladesh
Account can be opened in USD/EUR/GBP
Fund to be credited by inward remittances received through banking channels only
The interest is calculated on the outstanding balance on a daily basis
Foreign currency deposited in this account is freely convertible into Taka
Deposited foreign currency is freely remittable to abroad through a banking channel
Balance of these accounts are exempted from any Tax, Excise duty and levy
Balance held in the deposit account can be transferred to the on-shore bank accounts for meeting necessary payment and various investments
Making outward remittances of the balance amount including interest/profit as and when necessary
Off-shore/Onshore transfers and Outward remittances will be allowed for payment & investments.
Attractive interest rates up to 8.45% on FC Term Deposits *
*condition applied
Other Important Info
Go to www.premierbankltd.com, download of fill the form online and email it to obuho@premierbankltd.com and wire/swift transfer of foreign currency Dollar or EUR.
Ask your relatives in Bangladesh to open an OBU Account from any Premier Bank branches.
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