Al-Wadiah Non-Resident
Taka Account

The accounts of individuals, firms or company’s resident outside Bangladesh are designated as Non- Resident accounts and are treated as accounts of countries of permanent residence of account holders. ADs should establish the countries of permanent residence of all account-holders and mark the accounts of all non-resident persons, firms or companies as non-resident accounts; indicating clearly the countries of their permanent residence as established. Where any doubt exists whether an account is to be made to the Bangladesh Bank for decision, giving relevant details.

FEATURES

  •   The Bank will utilize all such deposits as the Bank may deem appropriate in approved Shariah compliant modes of investments at its own discretion without any risk to the account holder.
  •   Depositors will not be shared with profit or loss earned from investment.
  •   Deposits permitted to NRTA Accounts from Inward Remittances /Transfers from Foreign Currency accounts/ Local deposit.
  •   Balance of the account is also freely disbursing to locally in local currency.
  •   The account shall not be allowed for overdrawn.
  •   Local funds can be credited to NRTA.
  •   Local disbursement possible.

Eligibility

  •   Non-resident Bangladeshi individuals who leave the country except those who hold office in the service of Bangladesh Government.
  •   Non-resident Foreign individuals.
  •   Non-resident firms & company operation outside Bangladesh.
  •   Exchange House.

Mandatory

  •   Complete NITA Opening form with signature
  •   Signature card for account holder
  •   2 Copies Passport Size Photograph of Applicant
  •   Valid Passport Photocopy with VISA


Additional

  •   Driving license of account holder if any
  •   1 Copy of Passport Size Photograph of Nominee (Attested by Applicant at the back of the photo)
  •   Passport/NID Photocopy of the Nominee
  •   Declaration if any
  •   Bangladesh Bank permission (if any)
  •   Salary certificate or employer’s certificate of the Depositor
  •   All photocopies of account holder must be attested by a Foreign Organization

Required Documents

Mandatory

  •   Complete NRTA Opening form with signature
  •   Signature card for account holder
  •   2 Copies Passport Size Photograph of Signatories
  •   Valid Passport Photocopy of Authorized Signatories


Additional

  •   Bangladesh Bank permission (if any)
  •   Trade license (if any)
  •   Valid Passport Photocopy of Directors
  •   Information Related to Individual Form of Signatories
  •   Copy of Minutes of Board Resolution Concerning opening & operation of NRTA duly certified by Chairman/Company Secretary
  •   Copy of Certificate of Incorporation attested by Bangladesh High Commission
  •   Copy of Memorandum & Article of Association attested by Bangladesh High Commission
  •   Certified copy of up-to-date list of directors from relevant registration authority in country of origin attested by Bangladesh High Commission
  •   Permission Of Competent authority for Foreign Organization