|Name||RFCD - Resident Foreign Currency Deposit Account|
|Category||Foreign Currency Account|
This is an interest bearing term deposit account.
Can be opened for the tenures of one /three/six and twelve months.
This account can be maintained in Pound, US Dollar, Pound, Euro or Japanese Yen.
Minimum Balance is USD 1000 or GBP 500 or equivalent in other currencies.
The balance and the accrued interest of this account can be freely transferable abroad without any prior permission from Bangladesh Bank.
The interest accrued on this account is fully exempted from Tax.
Cheque book facility is available with this account.