Home ›› 30 Dec 2022 ›› Corporate
City Bank recently signed an agreement with Bangladesh Freelancer Development Society (BFDS) and Freelancers Limited (FL) at City Bank Centre in the capital.
Under the agreement, City Bank will be allowed to verify Freelancer ID. This will ensure smooth service delivery of deposits, loan, credit card and other banking services to freelancers from City Bank branches, said a press release.
The flagship product, Freelancer Deposit Product, will allow freelancers in the country to open accounts at City Bank. They will be allowed to operate two accounts, a Freelancer ERQ Account and Freelancer Savings Account , which will allow them to receive foreign currency earnings from online marketplaces to Freelancer ERQ Accounts, and retain the dollar amounts for further bona fide international payments (within regulatory limit) free of transactional cost, added the release.
In presence of City Bank Additional Managing Director Sheikh Mohammad Maroof, City Bank Retail Banking Head Md Arup Haider and BFDS Chairman Dr Tanjiba Rahman signed the agreement on behalf of their respective organisations.
