An Offshore banking Unit (OBU) of a Bank is a deemed foreign branch of the parent
bank located within Bangladesh, and shall undertake International Banking business
involving foreign currency denominated assets & liabilities. An offshore bank is
simply a bank based in a jurisdiction outside of your country of residence.
Accordingly, Jamuna Bank PLC. has started its OBU operation on 22nd April 2010
having following objectives:
• To widen and diversify JBL’s area of services to the foreign investors as they
do not have the opportunity of availing credit facilities from different
Financial Instittution in Bangladedsh.
• To diversify the sources of foreign exchange earnings by increasing export of
Bangladesh throgh the EPZs.
• To encourage and foster establishment and development of industries and
commercial enterprises in EPZs in order to wider and strengthen the economic
base of Bangladesh.
Jamuna Bank PLC offer the following range of Offshore Banking
Services:
• Foreign Currency Deposites( Non Resident entitles and NRBs)
• International Banking Accounts.
• Loan in Foreign Currencies
• Credit Facilities including Trade Financing
• Negotiation/Purchase of Export Bills
• Discounting of Export Bills
• Corporate Treasury Services.
• Competitive interest rates
• Easy international transfers
• Fee free accounts
Offshore Bank Accounts
We offer a professional no obligation advice service because we understand that the
offshore world offers many advantages but can be complex and sometimes daunting; and
we remain independent when it comes to solution provision. This means we have access
to the complete spectrum of offshore products and we can assist you to make
well-informed, secure and profitable decisions and to select the right offshore bank
account for your needs.
How to open Offshore Banking Account