Fast and Free Money Transfer Arrangement to Bangladesh from U.S.A., U.K., Canada, Australia, Japan, Middle East, Germany, Belgium, China etc.
SBI offers fast and convenient ways to send money absolutely free of charge from any of above-mentioned countries to any Non-Resident Bangladeshi (NRB) Taka account held with SBI branches in Bangladesh within 24 hours(during working days in Bangladesh).
Besides, SBI will also send money absolutely free of charge for worker’s remittances received from the branches of any above-mentioned countries to any Non-Resident Bangladeshi(NRB) Taka account held with other banks in Bangladesh within 48 hours(during working days in Bangladesh).
For further information, please call our Remittance Section:
Land Phone: +88 02 9554251, +88 02 9553371 Extn.124 / 126
Our Bangladesh Operations offers excellent banking services for non-resident Bangladeshis and foreign currency account services for resident Bangladeshis.
Services for Non Resident Bangladeshi
Foreign Currency Current Account
- A choice of Foreign Currencies –US Dollar, Pound-Sterling and EURO.
- Balance of the account is freely remittable, i.e. you may transfer funds overseas subject to foreign exchange regulation of the recipient country.
- Cheque book facility.
Foreign Currency Time Deposit Account (FCTD)
- Interest Bearing Time Deposit account
- A choice of currencies-US Dollar, Pound-Sterling and Euro.
- Competitive Interest Rates
- A choice of tenure of one, three, six and twelve months with auto-renewal facility.
- Interest is tax free within Bangladesh.
- Both interest and principal are fully repatriable i.e. you may transfer any amount from your account to outside subject to foreign exchange regulation of the recipient country.
Non-Resident Taka Account
- Local Currency Account
- Can be opened as either a local currency interest bearing savings or non-interest bearing current account
- Not freely remittable
- Cheque book facility
Non-Resident Local Currency Time deposit Account
- Interest bearing time deposit A/C
- Competitive Interest Rate
- A choice of tenure of three months, six months, one year and three years with auto-renewable facility.