Repatriation of Principal including profit to abroad
No Vat/Tax on profit
Balances of FC enchased into BDT at any time
Balances held in account can be used for transfer to on-shore bank accounts for meeting necessary payment and various Investments.
MIBA account-holder will act as facilitator of remitters and utilize the funds accordingly.
Minimum deposit is USD 1,000 or equivalent and any multiple amount of USD 1,000 for tenor of 3 , 6, 12, 24, 36 & 60 months
Eligibility of open account
Resident Bangladeshi individuals having bonafide relations with non-resident remitters;
Corporate entities including Type-A, Type-B and Type-C industrial enterprises operating in EPZs/EZs/HTPs having bonafide relations with non-resident remitters
Eligible Currency for opening Account
US Dollar, Pound, Euro, Australian Dollar, Canadian Dollar , Singaporean Dollar, Japanese Yen, Swiss Franc & Chinese Yuan,
Required Documents
National ID Card/Passport/Driving License
Related document/ paper in case of company/farm/institution.
02 (Two) copies of passport size recent photograph of applicant
1 (one) copy of passport size recent photograph of Noninee’s ( to be attested by the applicant)
Account opening from to be filled in & signed by the applicant.
Other papers (if required)
Contact
Offshore Banking Division, Head Office, Dhaka. Offshore Banking Units : Head Office Complex Unit, Dhaka and Agrabad Unit, Chattogram.
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