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FOR INDIVIDUAL

FOR BUSINESS

Straight2Bank
Login to view and manage your business accounts.

Features

automatic renewal

Customer can retain the payment (received through inward remittance) in ERQ account and BDT account simultaneously. The account holder will have the option of retaining maximum 60-70% of the inward remittance in the foreign currency account.

money fund transfer

Remit fund from ERQ account through Wire Transfer/ and Demand Draft for bonafide business purposes.

Eligibility*

  • Firms earning export proceeds

Documents Required

  • Commercial Account Opening Form
  • Board resolution for opening the account & its operations
  • Valid Current Trade License
  • Trade License of last 3 years
  • National ID/Passport/Driving License of the owners of the company
  • 12 Digit e-TIN certificate
  • PIF & Photo ID of the directors, signatories & the persons holding 10% or more shares
  • Partnership deed and registration certificate from registrar of firms ( for Partnership businesses only)
  • Memorandum of Article of Association and Certificate of Incorporation (for Limited Company only)
  • Updated Form X and XII ( for Limited company only)
  • Renewed ERC Certificate
  • BASIS Certificate

Please note that the above requirements are not exhaustive and the bank may require further documentation to open an account on a case to case basis.

*Terms & Condition Apply

Export Retention Quota Account (ERQ) Exporters who want to retain a portion of their export proceed in foreign currency can open ERQ account.

Disclaimer

This is to inform that by clicking on the hyperlink, you will be leaving www.sc.com/bd and entering a website operated by other parties:

Such links are only provided on our website for the convenience of the Client and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents.

The use of such website is also subject to the terms of use and other terms and guidelines, if any, contained within each such website. In the event that any of the terms contained herein conflict with the terms of use or other terms and guidelines contained within any such website, then the terms of use and other terms and guidelines for such website shall prevail.

Thank you for visiting www.sc.com/bd

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