Pubali Bank's Private Foreign Currency Account lets you hold balances in USD, EUR, GBP, or JPY, with no minimum balance and competitive interest rates.
Earn interest, remit funds abroad, and enjoy the flexibility of managing your foreign currency with ease.
Pubali Bank is your trusted solution for foreign currency.
Features and Benefits
Open accounts in USD, EUR, GBP, or JPY.
No minimum balance required.
Deposit funds through various methods: international transfers, salary transfers, other foreign currency accounts, or cash deposits while visiting Bangladesh.
Operate the account yourself or designate someone you trust.
Earn interest on balances over $1,000 USD (or equivalent) held for at least one month (interest rates vary based on deposit term).
Send and receive foreign currency abroad, withdraw foreign currency while traveling, or exchange for Bangladeshi Taka (BDT).
Invest account funds in certain bonds (subject to eligibility).
Freely remit funds abroad.
Convert foreign currency to local currency.
No restrictions on transaction frequency.
Eligibility
Bangladeshi nationals residing abroad.
Foreign nationals residing abroad or in Bangladesh.
Foreign firms (registered and operating abroad or in Bangladesh).
Foreign missions and their expatriate employees.
Diplomatic bonded warehouses (with valid licenses).
Local and joint venture contracting firms working on foreign-funded projects.
Bangladeshi nationals working for foreign/international organizations in Bangladesh who receive salaries in foreign currency (must be 18+).
Interest Rate
Minimum interest rate is determined by Bangladesh Bank FE circular No-10, dated 08-05-2024:
| Period of deposit |
Ceiling rate* |
| Up to one year not less than 3 months |
Benchmark reference rate +1.5 percent |
| Above 1 year and up to 3 years |
Benchmark reference rate +2.25 percent |
| Above 3 years and up to 5 years |
Benchmark reference rate +3.25 percent |
- * The rates offered are subject to change based on directives from Bangladesh Bank and Pubali Bank PLC's internal policies.
Requirements
Completed account opening form signed by applicant(s).
Income source documents.
Valid passport photocopy (certified).
Two passport-sized photographs (applicant and any nominees).
Tax documents (TIN certificate or tax clearance certificate, if any).
Authorized Specimen Signature Card.
Additional documents may be required for specific nationalities.
Fees/Service Charges
Nominal fees/service charge as per schedule of charges.
Ready to Open Your Account?
Visit your nearest Pubali Bank Authorized Dealer Branch for more information and to open your Foreign Currency Account today!
List of Authorized Dealer Branch
For quick apply, click the following link.
Quick Apply Link