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 repatriate 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.

Dollar Smart

Related Products

Investments

Fixed Deposits

OffShore Banking

Sending Money Home

DOLLARSMART

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Dollar Smart | Fixed Deposits

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K Sripavan

Chairman

Mr Kanagasabapathy Sripavan was appointed as the Chief Justice of the Democratic Socialist Republic of Sri Lanka in January 2015 and held office until March 2017. During this period he functioned as the Chairman of the Judicial Services Commission of Sri Lanka, Chairman of the Incorporated Council of Legal Education, Chairman of the Sri Lanka Judges’ Institute and Chairman of the Superior Court Complex Board of Management.

Mr Sripavan was enrolled as an Attorney-at-Law of the Supreme Court of Sri Lanka in 1977. He obtained a Diploma in Industrial Law from the University of Colombo in 1992 and Master of Laws from the University of London in 1994.

He functioned as the Head of the Court of Appeal Unit in the Attorney General’s Department and handled a large volume of work both in the Court of Appeal and in the Supreme Court including Bills and Fundamental Rights Applications. Prior to the elevation to the Court of Appeal Bench he functioned as a Legal Consultant for the National Savings Bank for two years.

He was appointed a Judge of the Court of Appeal in May 2002 and was elevated to the post of President of the Court of Appeal in March 2007 by his Excellency the President. In March 2008 he was elevated to the Supreme Court Bench.