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NRB Account
We are providing following facilities to NRBs:
Foreign Currency A/C
We are offering Foreign Currency Account in USD/GBP/EURO for NRBs. Foreign Currency can be remitted by the Nationals of Bangladesh living abroad earned by them as wage earners or from other sources. Nominee of Account holder can also able to operate this Account.
We issue Foreign Currency Fixed Term Deposit in USD/GBP/EURO with different tenure. Interest is paid in respective Foreign Currency as per published daily Exchange Rate.
Wage Earners Development Bond
A beneficiary of a wage-earners’ remittance in foreign exchange in his own name or in the name of wage-earner can purchase Wage Earners Development Bond in Bangladeshi Taka for tenure of five years at 12.00% interest rate. In case of premature encashment interest will be paid at lower rate.
USD Premium Bond
These Bonds can be issued from the balance of the FC account with a tenure for Three years. Rate of interest is 7.5% p.a. in BDT.
Principal amount is payable in US Dollar.
Interest is payable in Bangladesh Taka.
Principal amount can be payable in Bangladesh Taka if the purchaser desires.
USD Investment Bond
These Bonds can be issued from the balance of the FC account with a tenure for Three years.
6.5% annual interest rate.
Principal amount and interest payable in US Dollar.
Principal amount and interest can be payable in Bangladesh Taka at the discretion of the investor.
Inward Foreign Remittance
Drawing Arrangements with Exchange/Money Transfer Remittance Houses for inward foreign Remittance:
List of Exchange Houses :
Sl. No. Exchange House
01. IFIC Money Transfer (UK) Ltd
02. Oman International Exchange LLC, Oman
03. Placid N. K. Corporation, USA (Global)
04. Multinet Trust Exchange LLC, UAE
05. Al-Fardan Exchange, UAE
06. Coinstar Money Transfer Ltd., UK (Global)
08. Xpress Money Services Ltd., UK (Global)
09. Trans-Fast Remittance LLC
Deposit Product
IFIC Bank offers a wide variety of deposit products to meet your financial needs. From current and savings accounts to Fixed Deposits and Pension Schemes each account is designed to give you the best value for your money.
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Please feel free to contact your nearest IFIC Bank Branch
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