DOLLARSMART
Foreign currency for both domestic & offshore banking customer
DOLLARSMART
Foreign currency for both domestic & offshore banking customer
CBC presents the most attractive deposit option in US dollars for both domestic and off-shore banking customers.
CBC presents the most attractive deposit option in US dollars for both domestic and off-shore banking customers.
Domestic Customers
With our Dollar Smart account Bangladeshi Exporters with FCY retention quota and Bangladeshis having unutilized travel quota can earn high interest while enjoying the benefit from appreciation of dollar value.
Off-shore Banking Customers
- From our off-shore banking operations
- Non-resident Bangladeshis (NRB)
- Foreigners not resident in Bangladesh and 100% Foreign owned companies in EPZ
- Can enjoy the benefits of unmatched interest earnings from their dollar deposits
Features
- Higher interest rates
- Interest paid in US Dollars, which can also be converted into BDT, if required.
- Auto renewal with cumulative interest
- Both interest and principal is repatriable for NRB and foreigners
- Interest is tax-free for NRB
- Loans up to 90% value of the balance in DOLLARSMART account
- Worldwide access through our interest facilities
- Premature withdrawal allowed
- Deposit Terms: 3, 6 or 12 months
Terms & Conditions apply
Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.