UCB Swadhin Account
It is a Foreign Currency Account for the freelancer professionals. You can seamlessly receive your remittance earnings in UCB Swadhin Account in foreign currency and easily convert it into local currency (BDT) with a linked transactional CASA account.
35% of net export earnings can be retained in UCB Swadhin Account in foreign currency and can be used for bonafide business purpose. FAQ
Eligibility –
- Any Bangladeshi freelancer professional
- Age: 18 years & above
- A Savings or Current Account holder of UCB can open this account
- New customer must have to open a Savings/Current Account as link account
Facilities –
- Single Dual Currency Debit Card (for both the accounts ERQ & BDT Savings) – 1st Year Free
- Account Maintenance Fee – Free
- SMS Banking Fee - Free
- Internet Banking (Unet) – Free
- Account Opening Deposit – Not required
- No minimum balance requirement
- E-statement
- No Cheque Book facility
Single Dual Currency Debit Card facilities –
- Foreign currency balance of ERQ Account can be withdrawn from UCB ATM/CRM by real time transaction in BDT
- Cash deposit in BDT to the Link Account from UCB CRM
- Fund transfer from Swadhin account to any BDT account in BDT
- Overseas transactions for bonafide business purpose
Transaction Channels –
- POS, ATM/CRM
- AD Branch
- Unet
Documentation Required –
- Completed Account Opening Form
- Photo ID (as per latest Bangladesh Bank Guideline)
- Valid Freelancer ID issued by Bangladesh Govt./ Freelancer's Profile Screenshot of the Marketplace/ Work Order/ Contract or 5 no. of Email/ Communication containing work order of last 5 works as proof of his/ her source of fund
- Recent passport sized color photograph (2 copies)
- Photograph of the nominee- 1 copy (attested by accountholder)
- Photo ID of nominee (as per latest Bangladesh Bank Guideline)
- If nominee is minor, guardian details with one copy recent passport sized color photograph.
You can open UCB Swadhin Account from any UCB Branch FAQ
