Foreign Remittance

Inward foreign remittance is one of major sources of the foreign currency reserve of the country and in order to encourage inflow of remittances through banking channel from the Non-resident Bangladeshis, Standard Bank Limited provides quality service for repatriation and collection of remittances with the help of its foreign correspondents and trained personnel. Remittance services provided by Standard Bank Limited are:

Inward Remittance:
Process / collection of cheque/ Draft, TT, EFT in USD, GBP, EURO, AUD and JPY

Outward Remittance:

• Issuance of FDD, TT, EFT in USD, GBP,EURO, AUD and JPY
• Issuance of AMEX Travellers Cheques in USD
• Handling of Student file of the students going abroad for educational purpose in USD, GBP, EURO, AUD and JPY

Foreign Currency Accounts:
Standard Bank Limited provides different account services as prescribed by the guidelines of central bank and offer competitive interest rate for those accounts.

• Foreign Currency Account. (FC)
• Non- Resident Foreign Currency Deposit Account (NFCD)
• Resident Foreign Currency Deposit Account (RFCD)
• Non Resident Non-convertible Taka Account.