Foreign Current Account
Current account denominated in foreign currencies i.e. US Dollar, British Pound Sterling and Euros.
Main Features:
- Transactions in both foreign and local currencies.
- Initial minimum deposit or opening balance of USD 500 or equivalent.
- Quarterly charge of USD 15.
- Does not earn interest.
- Appointment of known agents by the account holder.
Basic Requirements:
- 2 passport size photographs.
- Proper identification, Valid ID, DL, Passport, or Voters Card.
- Reference from known bank customer.
- Initial deposit of US Dollars 500 or its equivalent.
- Local currency account and recommendation from Branch Manager.
Benefits:
- Unrestricted cash and cheque deposits.
- Cash withdrawals within the minimum account balance.
- Flexibility of cash withdrawals both on local and foreign currencies.
- Access to a variety of loan products.
- Cash deposit books issued on request.
- Easy payments through cheques.