INTRUCTIONS

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Offshore Banking Account

Bank Account that can be opened by Residents outside of Bangladesh in foreign currency.

Eligibility

·         Person resident outside Bangladesh including NRBs

·         Foreign nationals

·         Persons of Bangladeshi origin (Bangladeshi holding foreign citizenship)

·         Companies/Firms registered and operating abroad

 

Note: All individuals will have to be of age 18 & above.

 

Required Documents

 

Individual Account

• Copy of valid photo ID of applicant, i.e., passport, respective foreign country’s ID, etc.
• If the photo ID is a Bangladeshi passport, additional documents such as resident visa, foreign resident card (i.e., green card), work permit, driving license (issued by foreign authority) or any other document supporting the residency status abroad is required.
• Passport sized photograph: applicant – 2 copies, and nominee 1 copy attested by applicant.
• Address verification document required only if the declared address is different from the address in the applicant’s Photo ID document. This can be utility bill, driving license (issued by foreign authority) etc.

Non-Individual Account

• Extract of Resolution/Board Resolution
• Trade License or similar document
• Certificate of Incorporation
• Memorandum and Articles of Association
• Updated Schedule X & Form XII or any recent document that proves shareholding information and names of the Board of Directors with respective designation.
• Photo identification of shareholders (Top 5 shareholders’ details required when shareholders are more than 5. If the shareholders are less than 5, then all shareholders’/ all authorized signatories’ for the account/ the beneficial owners’ of the Company)
• 2 copy passport size photo of each shareholder (Top 5 shareholders’ details required when shareholders are more than 5. If the shareholders are less than 5, then all shareholders’/ all authorized signatories’ for the account/ the beneficial owners’ of the Company)