Open Account with Offshore Banking Unit of First Security Islami Bank PLC
Attractive Shariah Compliant Tax Free Profit
MUDARABA FOREIGN CURRENCY TERM DEPOSIT ACCOUNT (MFCTDA)
Eligibility of open account:
- Persons resident outside Bangladesh (Non Resident)
- Persons of Bangladeshi origin (Bangladeshi holding foreign citizenship)
- Foreign nationals
- Companies/Firms registered and operating abroad
- Foreign institutional investors
- Type A units in Export Processing Zones (EPZs), Private EPZs, Economic Zones and Hi-tech parks in Bangladesh
Features:
- Accounts may be opened in US Dollar, British Pound, Euro, Japanese Yen, Swiss Franc, Canadian Dollar , Singapore Dollar, Chinese Yuan & Australian Dollar
- Period of Deposit 3 months to 5 years
- Attractive profit Rate in Foreign currency. No VAT/Tax/ Levy on profit
- Repatriation of Principal including profit to abroad at any time
- Balances held in account can be used for transfer to on-shore bank accounts for meeting necessary payment and various Investments as well as enchased into BDT at any time
Required documents:
- National ID Card/Valid Passport
- Resident Card/Work Permit (Foreign Nationals residing in Bangladesh)
- 02 (Two) copies of passport size recent photograph of applicant & 1 (one) copy of passport size recent photograph of Nominee’s/ National ID Card/Valid Passport/Birth Certificate ( to be attested by the applicant)
- Account opening Form to be filled in & signed by the applicant
- Related documents/papers in case of company/farm/institution
- Other papers (if required)
MUDARABA INTERNATIONAL BANKING ACCOUNT (MIBA)
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
Features:
- Accounts may be opened in US Dollar, British Pound, Euro, Japanese Yen, Swiss Franc, Canadian Dollar , Singapore Dollar, Chinese Yuan & Australian Dollar
- Period of Deposit 3 months to 5 years
- Attractive profit Rate in Foreign currency. No VAT/Tax/ Levy on profit.
- Repatriation of Principal including profit in favor of remittance sender at any time
- Balances held in account can be used for transfer to on-shore bank accounts for meeting necessary payment and various Investments as well as enchased into BDT at any time
- Account can be opened easily and promptly
Required documents:
- National ID Card/Valid Passport
- Resident Card/Work Permit (Foreign Nationals residing in Bangladesh)
- 02 (Two) copies of passport size recent photograph of applicant & 1 (one) copy of passport size recent photograph of Nominee’s/ National ID Card/Valid Passport/Birth Certificate ( to be attested by the applicant)
- Account opening Form to be filled in & signed by the applicant
- Related documents/papers in case of company/farm/institution
- Other papers (if required)