Opening of Foreign Currency A/C: We open Foreign Currency Account in USD/GBP/EUR/JPY for NRBs. Foreign Currency can be remitted by the Nationals of Bangladesh living Abroad earned by them as wage earners or from other sources. The deposit amount can also be used for remittance to other countries as per their requirement. Nominee of Account holder can also able to operate this Account.
NFCD: We issued Foreign Currency Fixed Term Deposit in USD/GBP/EUR with different tenure. Interest is paid in respective Foreign Currency. Rates of Interest are published in our daily Exchange Rate.
Wage Earners Development Bond: These Bonds can be issued from the balance of the FC account with tenure for five years. Rate of interest is 12% p.a. in BDT.
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.
USD Investment Bond: These Bonds can be issued from the balance of the FC account with a tenure for Three years. Rate of interest is 6.5% p.a. in USD.
In addition to the above, we also have Drawing Arrangements with 14 (Fourteen) Exchange/Money Transfer Remittance Houses all over the globe to facilitate fast, reliable and hassle-free inward remittance to 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.
List of Exchange / Money Transfer Remittance Houses are as follows:
Foreign Remittance through Exchange House
For Inward Remittance, AB Bank established extensive drawing arrangement network with Banks and Exchange Companies located in the important countries of the world.
Name of the Exchange Companies
U.A.E. Exchange Centre LLC
Post Box # 170
Abu Dhabi
United Arab Emirates
Al Fardan Exchange
Post Pox # 339
Mushrib Street, Doha
Qatar
Oman Exchange Co. Ltd.
Post Box # 26057
13211 Safat
Kuwait
Modern Exchange Co. LLC
Post Box # 3401 PC 112
Ruwi
Sultanate of Oman
Emirates Bank International
PSJC
Beeniyas Road
Post Box # 2923, Deira
Dubai
U.A.E.
Puroshottam Kanji Exchange Co. LLC Post Box # 41
Postal Code – 113
Muscat
Sultanate of Oman
Security Exchange Co. WLL
Post Box # 29760
Safat
Kuwait
Habib Qatar International Finance & Investment Ltd.
Post Box # 1188
Mushirib Street
Doha
QATAR
AI-Ansari Exchange Establishment
Head Office
Post box-325
Abu Dhabi
U.A.E.
K.S. Enterprise Ltd.
134, Cannon Street Road
London El 2LH
UK
Habib Exchange Co. LLC
Central Office
P.O Box-2370
Abu Dhabi
U.A.E
Wall Street Exchange Centre LLC
1103,1104-Twin Towers
Baniyans Road
P.O. Box 3014
Dubai
U.A.E
International Financial Line Exchange Co. WLL
P.O Box: 24171
Safat
Kuwait