NRB Banking

NRB Banking

Facilities offered

FC Accounts and Fixed Deposits

We offer Foreign Currency Accounts in USD/GBP/EUR for NRBs. Foreign Currency can be remitted to Bangladesh by the NRBs from their earning abroad or from other legal sources. The deposited amount in the FC accounts can also be remitted back or to other countries as per their requirement. Account Holders may set up nominees and Authorized Persons for these accounts.

Note: For more details on FC and Taka accounts please visit Account Opening under “Services”

We offer Foreign Currency Fixed Term Deposits in USD/GBP/EUR with different tenors. Interest is paid in respective Foreign Currency. Rates of Interest are available under “Foreign Exchange Rate” published daily in our website.

Note: For more details on FC and Taka accounts please visit Account Opening under “Services”

Wage Earners' Bonds
  • Wage Earners Development Bond:

These Bonds are issued from the balance of the FC account for a tenure of 5 (Five) years. The Rate of interest is 12% p.a. in BDT.

  • USD Premium Bond:

These Bonds are issued from the balance of the FC account for a tenure of 3 (Three) years. The Rate of interest is 7.5% p.a. in BDT.

  • USD Investment Bond:

These Bonds are issued from the balance of the FC account for a tenure of 3 (Three) years. The Rate of interest is 6.5% p.a. in USD.

Note: The interest rates are subject to change as per Bangladesh Bank guideline issued from time to time. At present the earnings from all of the above mentioned Bonds are exempted from Tax.

For more information please visit the below links from Bangladesh Bank:

Foreign remittance through Exchange Houses

For Inward Remittance, AB Bank has established extensive drawing arrangement networks with Banks and Exchange Companies located across the Globe. At present we have Drawing Arrangements with 20 (Twenty) Exchange/Money Transfer Remittance Houses to facilitate fast, reliable and hassle-free remittance to Bangladesh for the expatriate Bangladeshis around the world. We also have special arrangements to credit Beneficiary’s account maintained with us on the same day through our extensive real time on-line network.

Name of the Exchange Companies

Oman United Exchange Co. LLC

Near Ruwi Police Station

P.O. Box 889

Muscat

Postal Code 100

Sultanate of Oman

Al-Fardan Exchange Co. LLC

Post Pox # 339

Mushrib Street

Doha, Qatar

Head Office

Amin Tower, Liwa Street

Post box-325

Abu Dhabi, U.A.E.

Al Zaman Exchange WLL

P O Box: 23497

Souq Najada

Doha, Qatar

Western Union

Tour Manhattan,19th Floor

5/6 Place de I’Iris,92095

Paris La Defense Cedex, France.

Oman Exchange Company Ltd. WLL

Post Box # 26057

13211 Safat

Kuwait

Bank Al Bilad

PO Box 140

Riyadh KSA

Tel: +966-011-4798888

Joyalokkas Exchange LLC

Office No. 408, 3rd Floor

Fahad Plaza – Next to Muscat Security Market

MBD South – Ruwi

Muscat – Sultanate of Oman

PC :117 PB :583

P.O. Box No. 3931

Ruwi 112

Sultanate of Oman

Habib Qatar International Exchange Ltd

Bin Ali Sheikh Building, Grand Hamad Street

P.O. Box No.1188,Doha

Qatar

Wall Street Exchange Centre LLC

1103,1104-Twin Towers Baniyans Road

P.O. Box 3014

Dubai U.A.E

Brac Saajan Exchange ltd

147 Lozells Road, Birmingham, West Midlands, B19 2TP

United Kingdom

Tel: +44 (121)515 4008

Modern Exchange Co. LLC

Post Box # 3401 PC 112

Ruwi

Sultanate of Oman

Central Office ,Office 201 , Plot C-15, Sector-4,Zayed 1st Street, Khalidiyah

Abu Dhabi

UAE

1550 Utica Avenue South

Minneapolis, MN 55416

USA

Continental Exchange Solutions Inc. USA

(Ria Financial Services)

13825 Cerritos Corporate Drive

Suite “C” Cerritos, California, USA