US Dollar Premium Bond is a product designed by Bangladesh Central bank for Bangladeshi national living abroad. The objective of this product is for NRBs to invest their hard earned deposit to buy WEDB on which the government guarantees a fixed interest rate on the deposit amount. It is a product to facilitate Probashi FC (Foreign Currency) account holders (NRBs) to purchase a Wage Earner Development Bond through BRAC Bank Probashi Banking from abroad.

Probashi Current Account

• Interest is payable in Bangladesh currency or in US Dollar.
• Principal amount payable in Bangladesh currency or in US Dollar.
• Investors of one Million US Dollar and above shall be treated as CIP

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• Wage earners serving abroad
• In the name of any other person named in Wage earners application
• Government employees working abroad
  

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• The purchaser must have an FC account with the Bank
• The purchaser must have a photocopy of the relevant pages of the passport with the purchasers name, date of birth, date and place of issue, expiry date, photograph and signature appear.
• Address Proof of the Bond Holder or in abroad.
• 2 Copy passport photo of the Bond Holder & 2 copy for the Nominee.
• Legal work permit /proof of employment abroad

 

 

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