Bangladesh - Apply for Purchase of US Dollar Premium Bonds

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Procedure

Apply In-Person:

1. To Apply for Purchase of US Dollar Premium Bonds, the applicant has to approach the Central Bank OF Bangladesh link
2. An application form will be provided to the applicant by the concerned officer. Or the applicant has to download the application form from the following link
3. The applicant has to fill in all the necessary details in the application form.
4. The applicant has to attach the necessary documents that are mentioned in “Required Documents” section of this page.
5. The applicant has to attach the photocopies of the required documents along with the application while submitting.
6. Submit all the documents with the completed application to the concerned officer.
7. After receiving the application, the concerned authority will check the submitted application and document set. If all are in place, the application will be accepted.
8. An acknowledgment receipt will be provided. Please save it for future reference.
9. The applicant has to pay the prescribed fee as requested.
10. Then the application will be processed further. All the updates on the application status will be sent via SMS to the applicant’s mobile number.
11. This entire process can be completed within 10-15 days or as per the timeline advised by the respective department authority.

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Required Documents

• Completed Application form link
• Photocopy of passport
• 7 copies of passport sized photographs of the applicant
• 3 copies of passport sized photographs of nominee (with applicant’s signature)
• Any statement from the employer or a business document if the applicant are involved in business
• Copy of resident/work permit or valid visa

Office Locations & Contacts

CENTRAL BANK OF BANGLADESH
NRB Bond Communication Unit
Debt Management Department
27th Floor, 2nd Annex Building
Bangladesh Bank, Head Office
Motijheel C/A, Dhaka-1000, Bangladesh
Phone: +880-2-9530190
PABX: +880-2-9530010-75, Ext.: 3296, 3285 & 3272
Fax: +880-2-9530205,
E-mail: [email protected]
Website link
Contact details link

Eligibility

• The Bond may be issued in the name of a holder of a non-resident account against remittances from abroad to the account.

Fees

• The fee for this procedure has to be paid as per the authority request.

Validity

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever

Documents to Use

• Application form link

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

• This entire process can be completed within 10 -15 or as per the timeline advised by the respective department authority.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• Applicants must complete the application form before submitting it. Incomplete applications will not be accepted.
• Applicants must provide genuine information while applying for this procedure.

Required Information

• Name of the holder and nominee
• Age
• Address
• City
• State
• Postal code
• Date of birth
• Marital status
• Citizenship
• Occupation
• Relation with the nominee

Need for the Document

• US Dollar Premium Bond is a product designed by Bangladesh Central bank for Bangladeshi national living abroad. The objective of this product is to encourage the NRBs to invest their hard-earned money to purchase WEDB on which the government guarantees a fixed interest rate.

Information which might help

• For more information link

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

Place some external links which might help.

Others

• With Premium Bonds, there is no interest earned. Instead the interest rate funds a monthly prize draw for tax-free prizes. Remember that inflation can reduce the true value of your money over time.