Persons ordinarily resident in Bangladesh may open and maintain RFCD accounts with foreign exchange brought in at the time of their return from travel abroad. Any amount brought in with declaration to Customs Authorities in form FMJ and up to US$5000 brought in without any declaration. Balance in these accounts shall be freely transferable abroad. Fund from these accounts may also be issued to account-holders for the purpose of their foreign travels in the usual manner. (i.e. with endorsement in passport and ticket, up to US$2000 in the form of cash currency notes and the remainder in the form of TC & or other currencies.)
Resident Foreign Currency Deposit (RFCD) Accounts facilitates:
- Opportunities to open RFCD account as per desired of the account holder in USD, Pound Starling and EURO.
- Opportunities to avail international credit card against the balance amount of RFCD account.
- Interest will be paid as per Bangladesh Bank guidelines.