Offshore Banking Unit (OBU)

Shahjalal Islami Bank PLC operates its Offshore Banking Unit (OBU) as a distinct and regulated business entity, strictly adhering to the regulations and guidelines established by Bangladesh Bank. Through effective communication, competitive pricing, and an unwavering commitment to exceptional customer service, SJIBPLC has swiftly attracted a significant customer base, establishing a robust and rewarding presence. The Bank commenced the operation of its Offshore Banking Unit on 21 December 2008.

  •   Fully foreign owned enterprises in specialized zones viz. EPZs, PEPZs, EZs and Hi-tech Parks.
  •   Non-resident Bangladeshis (NRBs)
  •   Foreign individuals not resident in Bangladesh.
  •   Juristic person including Banks / Financial Institutions not resident in Bangladesh.
  •   Foreign Shareholders for receivable dividend against Foreign Direct Investment.
  •   Resident Foreign Nationals serving in Bangladesh for approved remittable portion of salary and allowances only.
  •   Persons resident Bangladesh and corporate entities having bonafide relations with non residents of Bangladesh named as International Banking (IB) account.

  •   Current Deposit Account
  •   Savings Deposit Account
  •   Special Notice Deposit Account
  •   Term Deposit Account
  •   International Banking (IB) Account

  •   Deposit is accepted in foreign currencies i.e. USD, GBP, EUR, JPY, CNY, CHF, and CAD.
  •   International Prepaid Card facility.
  •   Facility to save foreign currency without converting it into BDT.
  •   Minimize chances of losses from any exchange rate fluctuation.
  •   Term deposit is of various tenor i.e. 3 months to 1 Year.
  •   Attractive Shariah based provisional profit rate.
  •   No tax will be applicable on profit earned from deposit account.
  •   No excise duty/surcharges will be applicable on deposit account.
  •   No account maintenance charges will be applicable on deposit account
  •   Only Inward remittances received through official channels will be allowed to make deposit.
  •   Return back the balance amount including profit as and when necessary.
  •   Balances held in deposit accounts can also be converted in BDT for meeting necessary payments and various investments

  Which documents are needed to open account with OBU?

  Frequently Asked Questions (FAQs)


Circular

Contact Person Address
Mr. Mohammad Shariful Haider
Sr. Vice President
Contact: +88-017-5555-6092 		Shahjalal Islami Bank Tower (6th Floor)
Plot # 04, Block # CWN(C),
Gulshan Avenue Gulshan, Dhaka-1212, Bangladesh
Phone: +88-02-58816369
Email: sblobu@sjiblbd.com