Banking

BEYOND BOUNDARIES

PROBASHI BANKING

BANKING BEYOND BOUNDARIES

Probashi Banking division of the Bank caters the NRBs (Non- Resident Bangladeshi) not only by disbursing remittance but also offering 'One Stop Banking Solution' by creating a favorable environment and opportunity for the NRBs to make long-term financial contributions in the socio-economic progress of the nation. To facilitate the NRBs (Non- Resident Bangladeshi) a bunch of Probashi Banking products and services are designed to secure expatriate Bangladeshi(s) future saving(s) and investment(s) need as well as providing a structured financial planning for future.

Preserving your values

BRAC Bank Probashi Current Account

It is ideal for Probashi Bangladeshis / Returning Bangladeshis who do not wish to earn interest due to religious or other reasons. This account also comes with cheque book and ATM card and is ideal for regular transaction. **This account will be maintained in Taka.

Features & Benefits

24 hour Access to ATMs and POSs
No Interest (Ideal for people who do not want interest for religious reasons)
No restriction on frequent transactions

Eligibility

Any NRB who is between 18 to 65 years of old can open this account
The NRB must have valid Residence / Work permit.

Required Documents

Photos: 2 pp size
Nominee Photos: 1 pp size with account holder attestation on the reverse side. Photo may be kept pending at the time of account opening and must be provided with 15 days of account opening.
Identification: Photocopy of Valid passport (6 pages) with due attestation. In case of foreign passport attested photocopy of no visa required for travel to Bangladesh page required.
Valid VISA: Entry VISA with due attestation. If it is in any other language other than English, no translation is required.
Work/Residency Permit: Not required. However it may be taken when visa is not valid to prove that applicant is legally residing abroad.
Address proof document (Any one):
- Resident Permit
- Work ID
- Utility Bill
- Pay Slip
- Driving License
- Government issued ID card
- Credit Card Bills
- Rent Receipts
- Over seas Bank Statement
- Citizenship card / Health Card / Green card / Social Security card
- Job Contract Letter
- Mobile Bill
- PO BOX no. will be accepted if the company's name against the PO Box no. is the same as mentioned in employee's office address

Start saving from anywhere

BRAC Bank Probashi Savings Account

Probashi Savings Account offers a regular savings account in local currency for the NRBs who is residing abroad and want to save their hard-earned money to utilize in future after coming back to Bangladesh.

Features & Benefits

This is an interest bearing Taka account in which interest is paid twice a year
Cheque Book and ATM Card are available in this account

Eligibility

Any NRB who is between 18 to 65 years of old can open this account
The NRB must have valid Residence / Work permit.

Required Documents

Photos: 2 pp size
Nominee Photos: 1 pp size with account holder attestation on the reverse side. Photo may be kept pending at the time of account opening and must be provided with 15 days of account opening.
Identification: Photocopy of Valid passport (6 pages) with due attestation. In case of foreign passport attested photocopy of no visa required for travel to Bangladesh page required.
Valid VISA: Entry VISA with due attestation. If it is in any other language other than English, no translation is required.
Work/Residency Permit: Not required. However it may be taken when visa is not valid to prove that applicant is legally residing abroad.
Address proof document (Any one):
- Resident Permit
- Work ID
- Utility Bill
- Pay Slip
- Driving License
- Government issued ID card
- Credit Card Bills
- Rent Receipts
- Over seas Bank Statement
- Citizenship card / Health Card / Green card / Social Security card
- Job Contract Letter
- Mobile Bill
- PO BOX no. will be accepted if the company's name against the PO Box no. is the same as mentioned in employee's office address

Planting your future at home

BRAC Bank Probashi Fixed Deposit

A fixed deposit account allows you to deposit your money for a set-period of time, there by earning you a higher rate of interest in return. Fixed Deposits can be made from 3 months to 3 years. Interest is paid on the maturity at a very attractive rate. ** This account will be maintained in Taka.

Features & Benefits

NRBs can choose any of the Fixed Deposit maturity period from the tenures of : 3 months, 6 months, 12 months, 24 months, 36 months.
Auto renewal on maturity, if no instruction is received.
Cumulative interest gain.

Eligibility

Any NRB who is between 18 to 65 years of old can open this account
The NRB must have valid Residence / Work permit.
The applicant must have to maintain Probashi Savings / Current Account.

Required Documents

Document for Proof of Identification:
- 3 copies of passport size photo
- Photocopy of the first 6 pages of valid passport
- Photocopy of the valid work permit/employment visa (duly attested)
- One copy passport size photo of the Nominee (Attested by the Applicant) ,if differs from the Probashi Savings/Current Account
- Duly filled Probashi FD account opening form
At Least one of the Following Documents (Photocopy):
- Utility Bill
- Driving License
- Residence Permit (Govt. issued Identity card)
- Credit Card Bills
- Rent Receipt
- Overseas Bank Statement
- Work ID
- Pay Slip
Proof of Address:
- Address on Passport
- Overseas Bank Statement (bank passbook will not be considered as a valid address proof)
- Rent Receipt along with duly stamped / registered lease deed. Lease deed should be valid as on date of account opening.
- Letter from existing banker, this letter should clearly specify that the mentioned address is the customer’s communication address and period of relationship with the bank which should be more than 3 months
- Utility Bill, i.e. Electricity Bill, Landline telephone bill, Gas connection Bill, Water connection Bill.
- Driving license, ID issued by Government.

Constant return from every angle

BRAC Bank Probashi Abiram

Probashi Abiram is a Fixed Deposit, which is ideal for NRBs who want to get a return every month. If the NRB has sufficient fund, s/he can open Probashi Abiram for 1 year to 3 years tenure .The interest will be paid every month on the Probashi Savings/Current Account automatically. This is ideal for customers who want to pay their DPS installments. Accounts will be maintained in Taka.

Features & Benefits

Customers can earn monthly return.
Monthly installment for DPS will be automatically realized from this account.
Access to wide network of BRAC Bank.

Eligibility

Any NRB who is between 18 to 65 years of old can open this account
The NRB must have valid Residence / Work permit.
The applicant must have to maintain Probashi Savings / Current Account.

Required Documents

Document for Proof of Identification:
- 3 copies of passport size photo
- Photocopy of the first 6 pages of valid passport
- Photocopy of the valid work permit/employment visa (duly attested)
- One copy passport size photo of the Nominee (Attested by the Applicant) ,if differs from the Probashi Savings/Current Account
- Duly filled Probashi Abiram account opening form
At Least one of the Following Documents (Photocopy):
- Utility Bill
- Driving License
- Residence Permit (Govt. issued Identity card)
- Credit Card Bills
- Rent Receipt
- Overseas Bank Statement
- Work ID
- Pay Slip
Proof of Address:
- Address on Passport
- Overseas Bank Statement (bank passbook will not be considered as a valid address proof)
- Rent Receipt along with duly stamped / registered lease deed. Lease deed should be valid as on date of account opening.
- Letter from existing banker, this letter should clearly specify that the mentioned address is the customer’s communication address and period of relationship with the bank which should be more than 3 months
- Utility Bill, i.e. Electricity Bill, Landline telephone bill, Gas connection Bill, Water connection Bill.
- Driving license, ID issued by Government.

Fixing your future

BRAC Bank Probashi DPS

To secure NRB’s hard-earned money, Probashi Banking Service introduces an ideal monthly saving scheme "Probashi DPS“

Features & Benefits

Monthly installment of minimum Tk. 500 and its multiples.
Installment will be realized automatically on due date.
Loans are provided against 90% of deposited amount.

Eligibility

Any NRB who is between 18 to 65 years of old can open this account
The NRB must have valid Residence / Work permit.
The applicant must have to maintain Probashi Savings / Current Account.

Required Documents

Document for Proof of Identification:
- 3 copies of passport size photo
- Photocopy of the first 6 pages of valid passport
- Photocopy of the valid work permit/employment visa (duly attested)
- One copy passport size photo of the Nominee (Attested by the Applicant) ,if differs from the Probashi Savings/Current Account
- Duly filled Probashi Abiram account opening form
At Least one of the Following Documents (Photocopy):
- Utility Bill
- Driving License
- Residence Permit (Govt. issued Identity card)
- Credit Card Bills
- Rent Receipt
- Overseas Bank Statement
- Work ID
- Pay Slip
Proof of Address:
- Address on Passport
- Overseas Bank Statement (bank passbook will not be considered as a valid address proof)
- Rent Receipt along with duly stamped / registered lease deed. Lease deed should be valid as on date of account opening.
- Letter from existing banker, this letter should clearly specify that the mentioned address is the customer’s communication address and period of relationship with the bank which should be more than 3 months
- Utility Bill, i.e. Electricity Bill, Landline telephone bill, Gas connection Bill, Water connection Bill.
- Driving license, ID issued by Government.

Wise investment of hard earned money

BRAC Bank Wage Earner's Development Bond (WEDB)

Probashi Wage Earner Development Bond (WEDB) is a product designed by Bangladesh Central bank for Bangladeshi national living abroad. The objective of this product is to encourage the NRBs to invest their hard earned money to purchase bonds on which the government guarantees a secure and tax free income with a stable and lucrative interest rate.

Features & Benefits

This bond can be purchased in the denomination of BDT 25000, 50000, 100000, 200000, 500000, 1000000, 5000000
The purchaser can purchase Bond any amount in multiples of BDT. 25,000/- without any maximum limit
No restriction on frequent transactionsThe interest rate is 12 % per annum payable on half-yearly basis
The interest rate is 12 % per annum payable on half-yearly basis
The tenure is five years
Tax exemption on the principal
Can be used as security for any loan
Death risk benefit up to 40% to 50% of investment.
Auto renewal option available
Investors of BDT 80 Million and above shall be treated as CIP.
Purchaser of Wage Earner's Development Bond can repatriate the principal amount of the bond in foreign currency

Eligibility

A Bangladeshi wage-earner serving abroad
- in his own name ; or
- in the name of any other person named in his application;
Government employees working abroad

Required Documents

The purchaser must have a FC account with the Bank
The purchaser must have the photocopy of the relevant pages of the passport where the purchaser's name, date of birth, date and place of issue; expiry date, photograph and signature appear.
2 Copy of passport size photographs of the Applicant& 1copy for the Nominee with the signature of the Applicant on the back.
Valid work permit /proof of employment of the Applicant abroad.

Get a guarantee for you investment

BRAC Bank US Dollar Investment Bond

US Dollar Investment Bond is a product designed by Bangladesh Central bank for Bangladeshi national living abroad. The objective of this product is to encourage the NRBs to invest their hard earned money to purchase bonds on which the government guarantees a secure and tax free income with a stable and lucrative interest rate.

Features & Benefits

This bond can be issued in the denomination of US $500, $1000, $5000, $10,000 and $50,000.
Can be purchased of any amount in multiples of US $500 without a maximum limit.
The interest rate is 6.5 % per annum payable on half-yearly basis in U.S. Dollar
The tenure is three years
The interest is payable in US Dollars
Auto renewal option available
Can be used as security for any loan
Tax exemption on the principal and interest amount
The principal and interest will be payable in US Dollar
Investors of one Million US Dollar and above shall be treated as CIP
Death risk benefit up to 15% to 25% of investment
Principal and interest can be repatriated in the foreign country.

Eligibility

Wage earners serving abroad
In the name of any other person named in Wage earners application
Government employees working abroad
The Bond may be issued in the name of a holder of a nonresident account against remittances from abroad to the account

Required Documents

The purchaser must have a FC account with the Bank
The purchaser must have the photocopy of the relevant pages of the passport where the purchaser's name, date of birth, date and place of issue; expiry date, photograph and signature appear
Address Proof of the Bond Holder in abroad.
2 Copy of passport size photographs of the Applicant& 1copy for the Nominee with the signature of the Applicant on the back.

For more information please here.
Please call our 24 hours call center 16221 or e-mail us at [email protected]

Get a guarantee for you investment

BRAC Bank US Dollar Premium Bond

US Dollar Premium Bond is a product designed by Bangladesh Central bank for Bangladeshi national living abroad. The objective of this product is to encourage the NRBs to invest their hard earned money to purchase bonds on which the government guarantees a secure and tax free income with a stable and lucrative interest rate.

Features & Benefits

This bond can be issued in the denomination of US $500, $1000, $5000, $10,000 and $50,000
Can be purchased of any amount in multiples of US $500 without a maximum limit
The tenure is three years
The interest rate is 7.5 % per annum payable on half-yearly basis in Bangladeshi taka
The interest is payable only in Bangladeshi Taka
Auto renewal option available
Can be used as security for any loan
Tax exemption on the principal and interest amount
The principal and interest will be payable in US Dollar
Investors of one Million US Dollar and above shall be treated as CIP
Death risk benefit up to 15% to 25% of investment
Principal can be repatriated in the foreign country.

For more information please here.
Please call our 24 hours call center 16221 or e-mail us at [email protected]

Process Flow

Investment in Capital Market

For Non-Resident Bangladeshi

BRAC Bank US Dollar Investment Bond

Features & Benefits

This bond can be issued in the denomination of US $500, $1000, $5000, $10,000 and $50,000.
Can be purchased of any amount in multiples of US $500 without a maximum limit.
The interest rate is 6.5 % per annum payable on half-yearly basis in U.S. Dollar
The tenure is three years
The interest is payable in US Dollars
Auto renewal option available
Can be used as security for any loan
Tax exemption on the principal and interest amount
The principal and interest will be payable in US Dollar
Investors of one Million US Dollar and above shall be treated as CIP
Death risk benefit up to 15% to 25% of investment
Principal and interest can be repatriated in the foreign country.

Eligibility

Wage earners serving abroad
In the name of any other person named in Wage earners application
Government employees working abroad
The Bond may be issued in the name of a holder of a nonresident account against remittances from abroad to the account

Required Documents

The purchaser must have a FC account with the Bank
The purchaser must have the photocopy of the relevant pages of the passport where the purchaser's name, date of birth, date and place of issue; expiry date, photograph and signature appear
Address Proof of the Bond Holder in abroad.
2 Copy of passport size photographs of the Applicant& 1copy for the Nominee with the signature of the Applicant on the back.
Valid work permit /proof of employment of the Applicant abroad

For more information please here.
Please call our 24 hours call center 16221 or e-mail us at [email protected]

Deposit Products

Western Union Money Transfer

MoneyGram

International

Remittance

Inward

Remittance

BRAC Bank International Remittance

Bangladeshis living abroad can send their remittance in the easiest and most convenient way to the nominated registered bKash Account Holders in Bangladesh through enlisted Bank and Exchange Houses.

To send International Remittance from abroad to a bKash Account in Bangladesh, please do the followings:

Go to a participating enlisted Exchange House/Bank branch.
Let the enlisted Exchange House/Bank branch Agent know that you want to send remittance to Bangladesh through bKash.
Fill out the bKash related information correctly on the Remittance Request Form available at the enlisted Exchange House/Bank branch.
The enlisted Exchange House/Bank branch Agent will help you to complete the process.

While sending remittance from abroad the Exchange House and Bank Agent must ensure the followings:

Recipients number is a registered bKash Account and belongs to one of the mobile operators who is partnered with bKash. Currently Robi, Grameenphone, Banglalink and Airtel i.e. 018, 017, 019 or 016, have partnership with bKash.
Recipients bKash Account number is correct.
The number has been written clearly and accurately.
The BDT Value of remittance does not exceed transaction limits. *

List of enlisted Exchange House/Bank branches and respective countries from where you can send Remittance to Bangladesh:

ALL OVER THE WORLD
- WESTERN UNION
- MONEY GRAM
AUSTRALIA
JAPAN
- N&P Japan Co Ltd
KSA
- BANK AL BILAD
- AL RAJHI BANK
KUWAIT
- AL MUZAINI EXCHNGAE CO.K.S.C.C
MALAYSIA
MAURITIUS
- Terra Payment Services
OMAN
QATAR
- Commercial Bank of Qatar
- Dukhan Bank
SINGAPORE
- TRAVALEX HOLDINGS (S) PTE LTD
SWITZERLAND
- PACO SERVICES SARL
SOUTH AFRICA
- HELLO PAISA PTY LIMITED
SOUTH KOREA
UAE
USA
UK

Note: To find the enlisted Exchange House/Bank branches nearest to you, please click on the name of the respective participating Exchange Houses/Banks above

Receipt of International Remittance on nominated bKash Account in Bangladesh :

The foreign remittance transacted by enlisted Exchange House/Bank would be received through following registered Banks in Bangladesh and the remittance would be sent to your nominated bKash Account :
- BRAC Bank Limited
- Southeast Bank Limited
When the remittance reaches the nominated bKash Account through either of the nominated Banks in Bangladesh, the recipient will receive a confirmation message on the mobile phone.
No charge is applicable to receive International Remittance on bKash Account. You have to pay bKash standard Cash Out Charge only when you need to withdraw money from bKash Agent or BRAC Bank ATM.

Applicable Transaction Limits for sending/receiving International Remittance through bKash:

Transaction Type	Per Transaction Amounts		Maximum Transaction Amounts
International Remittance	Minimum	Maximum	Per Day	Per Month
International Remittance	BDT 50	BDT 150,000	BDT 150,000	BDT 150,000

* A bKash Customer can keep a maximum amount of Tk. 150,000 in his/her bKash Account at any moment. For example, if he/she has Tk. 50,000 in his/her Account, you can send him/her a maximum amount of Tk. 100,000 in Bangladeshi currency at that specific Account.

SCHEDULE OF CHARGES

Schedule of Charges
Retail Banking

Personal Account
Opening Form

Get A Call Back

FAQs

ForEx Rates

Sun, Oct 6, 2024 10:18 AM

Currency	Buying	Selling
USD	119.0000	120.0000
EUR	130.6144	135.8528
GBP	156.0804	162.3972

View complete list

Banking

BEYOND BOUNDARIES

BANKING BEYOND BOUNDARIES

Preserving your values

Start saving from anywhere

Planting your future at home

Constant return from every angle

Fixing your future

Wise investment of hard earned money

Get a guarantee for you investment

Get a guarantee for you investment

Process Flow

Read More

Investment in Capital Market

For Non-Resident Bangladeshi

Deposit Products

Western Union Money Transfer

MoneyGram

International

Remittance

Inward

Remittance

SCHEDULE OF CHARGES

Schedule of Charges
Retail Banking

Personal Account
Opening Form

Get A Call Back

FAQs

Accessibility Menu

Font size

Text Space/Line Height

Others

Banking

BEYOND BOUNDARIES

BANKING BEYOND BOUNDARIES

Preserving your values

Start saving from anywhere

Planting your future at home

Constant return from every angle

Fixing your future

Wise investment of hard earned money

Get a guarantee for you investment

Get a guarantee for you investment

Process Flow

Read More

Investment in Capital Market

For Non-Resident Bangladeshi

Deposit Products

Western Union Money Transfer

MoneyGram

International

Remittance

Inward

Remittance

SCHEDULE OF CHARGES

Schedule of Charges Retail Banking

Personal Account Opening Form

Get A Call Back

FAQs

Accessibility Menu

Font size

Text Space/Line Height

Others

Schedule of Charges
Retail Banking

Personal Account
Opening Form