BANGLADESH BANK'S

TRANSACTIONS WITH ADs

• Buying and selling:
• Bangladesh Bank's purchases and sales from and to the ADs are in US Dollar only,
on spot basis.
• Bangladesh Bank are required to be in multiples of US$ 10,000, subject to a
minimum of US$ 50,000.
• Payments through ACU:
• The central Banks of Bangladesh, India, Iran, Nepal, Pakistan, Sri Lanka, Myanmar
and Bhutan have an Agreement to settle current transactions between these
countries through the Asian Clearing Union(ACU) mechanism.
• The Asian Monetary Units (AMU) shall be denominated as 'ACU Dollar' and 'ACU
Euro' which shall be equivalent in value to one US Dollar and one Euro
respectively.
NON-RESIDENT TAKA ACCOUNTS OF
FOREIGN
BANK BRANCHES AND
CORRESPONDENTS
• Buying and selling:
• Bangladesh Bank's purchases and sales from and to the ADs are in US Dollar only,
on spot basis.
• Bangladesh Bank are required to be in multiples of US$ 10,000, subject to a
minimum of US$ 50,000.
• Payments through ACU:
• The central Banks of Bangladesh, India, Iran, Nepal, Pakistan, Sri Lanka, Myanmar
and Bhutan have an Agreement to settle current transactions between these
countries through the Asian Clearing Union(ACU) mechanism.
• The Asian Monetary Units (AMU) shall be denominated as 'ACU Dollar' and 'ACU
Euro' which shall be equivalent in value to one US Dollar and one Euro
respectively.
 PRIVATE FOREIGN
CURRENCY ACCOUNTS
Scope & Restrictions
 PRIVATE FOREIGN CURRENCY
ACCOUNTS TYPES:
• Non-Resident Foreign Currency Deposit Accounts
• Resident Foreign Currency Deposit Accounts
• Exporter's Retention Quota Accounts
• Foreign Currency Accounts for the EPZ Companies
 PRIVATE FOREIGN CURRENCY
ACCOUNTS TYPES:
• Non-Resident Foreign Currency Deposit Accounts
• Resident Foreign Currency Deposit Accounts
• Exporter's Retention Quota Accounts
• Foreign Currency Accounts for the EPZ Companies
Conditions:….
The ADs may without prior approval of the Bangladesh Bank open
foreign currency accounts in the names of:
• Bangladesh nationals residing abroad
• Foreign nationals residing abroad or in Bangladesh and also foreign
firms registered abroad and operating in Bangladesh or abroad
• Foreign missions and their expatriate employees
• Convertible and Non-convertible Taka Accounts
• Private Non-Resident Taka Accounts
• Non-Resident Blocked Taka Accounts
• Non-Resident Investor's Taka Accounts (NITA)