Credit Card against FC Account

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Credit Card against Foreign Currency Account

This Card is actually international/Dual credit card eligible for the people who have foreign currency account (ERQ/RFCD/FC). This card holder can enjoy flexible credit limit as per their ERQ/RFCD/FC account balance. This is a secured credit card where card holder’s card limit will be 90% of the available account balance or the card limit set by the bank. Account balance is blocked/marked lien by bank as long as cardholder uses this card as a security. Almost all credit cards issuing bank issue this card.

Required Documents

Common Documents

  • Completed application form
  • NID copy/ valid passport
  • e-TIN related document
  • Recent color photograph
  • Bank statement for last 6 months

Additional Documents for salaried executives

  • Pay Slip/ Salary Certificate
  • Business card
  • Employee ID
  • Other documents as per bank requirement
  • For the owner of sole proprietorship
  • Valid trade license
  • Bank statement of sole-proprietorship account (last 6 months)
  • Business card (if available)

Additional Documents for partner of partnership firm

  • Valid trade license
  • Partnership deed
  • Business account bank statement
  • Business card (if available)
  • Other documents as per bank requirement

Additional Documents for the director of limited company

  • Certificate of incorporation
  • Memorandum of Association
  • Business account bank statement
  • Business card (if available)
  • Other document as per bank requirement

Additional Documents for Land lord/Land lady

  • Property of ownership documents
  • Rental agreement papers
  • Other document as per bank requirement

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