|
| Travel Related Services (TRS) |
|
Travel Related Services deals with the sale of AMEX Travelers Cheques (TC) and Cash FCY against Individual’s Travel Quota and Medical File. This entitlement is for a Calendar Year i.e. from 1st January to 31st December. |
|
As per Bangladesh Bank Guideline – |
|
| Travel Quota (For a Calendar Year) |
|
 |
USD 1500 or equivalent for SAARC Countries & Myanmar |
|
USD 5000 or equivalent for Non SAARC Countries |
|
*Maximum Cash limit USD 2000 |
|
|
| Medical File Quota (For a Calendar Year) |
|
|
USD 10,000 or equivalent (If patient requires more than USD 10,000 for treatment, Bangladesh Bank’s permission is required) |
|
|
| Required Travel Document for FCY/TC Endorsement – |
|
|
Valid Passport |
|
Valid Visa |
|
Air/ Bus Ticket (with return) |
|
|
* Endorsement needs to be done within 2 weeks of departure i.e. one cannot endorse before 2 weeks of departure. |
|
| Required Documentation for Medical File - |
|
|
Valid Passport with Visa (Parent’s Passport for Infant) |
|
Photo copy of Air ticket/ Bus ticket (Original needs to be shown) |
|
Invoice from prospective hospital |
|
Recommendation letter from personal physician |
|
Related medical documents (Prescriptions, Diagnosis Reports etc.) |
|
Previous overseas medical treatment documentation (If any) & Proof of treatment (After return from abroad) |
|
|
| Features of Travelers Cheque (TC) |
|
|
Cheaper than cash Foreign Currency |
|
More secure than cash |
|
If lost or stolen, can be refunded |
|
Accepted globally & Life Time validity |
|
|
| Education Related Services (ERS) |
|
BRAC Bank ERS offers 'Student File' services which eases educational related financial transactions abroad. Student File opening is a mandatory requirement set by Bangladesh Bank for Foreign Exchange transfer to other countries. Through opening Student File, educational related expenses can be remitted abroad. |
|
| Why BRAC Bank Student File? |
|
|
Easy transfer of Tuition Fess & Living expenses |
|
Faster processing of Student File |
|
Flexibility of Foreign Currency endorsement |
|
One Stop Service at Student Service Center |
|
Dedicated service desk in branches |
|
Competitive exchange rate |
|
|
| Eligibility: |
|
Students who have taken admission in regular courses such as undergraduate, post graduate, language course pre-requisite to bachelor degree & professional diploma/ certificate courses in recognized institutions abroad |
|
| Student Quota |
|
Education Cost & Living Cost as per estimate furnished by Foreign Institution/University and USD 200 or equivalent for transit expenses |
|
| Services offered |
|
|
Student File Opening |
|
Foreign Demand Draft (FDD)/ Foreign Telegraphic Transfer (FTT) issuance for tuition fees |
|
Travelers Cheque (TC) endorsement to pay off living expense |
|
|
| Documents required |
|
|
Valid Passport |
|
One Passport size photograph |
|
Admission letter issued by the educational institution in favor of the student |
|
Estimation of annual tuition fee, board and lodging, incidental expenses etc. issued by the concerned educational institution |
|
Refund policy |
|
All educational certificate and mark sheet |
|
Visa & confirmed ticket (Required to release the living cost) |
|
|
| For any banking needs please call 24 Hour Call Center 16221 or e-mail us at enquiry@bracbank.com |
|
| We will soon be in touch with you |
|
24 Hour Call Center 16221
For Overseas Callers +880 2 8852233