Bangladesh International - Smart Capital

The features of the product will be as follows:

• NRBs can subscribe to IPOs from anywhere in the world.
• Custodian service by HSBC Bangladesh.
• NRBs will be able to sell the shares, acquired through IPOs, in the secondary market through HSBC.

• All Bangladeshi nationals (Bangladeshi passport holders) who are working/living abroad can open NITA. Foreign passport holders who are originally from Bangladesh are also eligible to open an account.
• A minimum balance of BDT 200,000.00 should be maintained in NITA.

The following documents will be required while opening an account:

• Completed NITA account form
• Completed BO account form
• Completed BO account nominee form
• Completed Trade account opening form (provided by securities company)
• Power of Attorney
• Tripartite Agreement
• Custodian Agreement
• A certified copy of the valid passport, valid visa
• Three passport size photographs of the applicant
• Proof of address (utility bill/bank statement copy etc.)
• Proof of income (such as last tax return/employment certificate/contract/recent pay slip)
• Completed application form and duly signed signature card
• Two copies of passport size photos of the nominee which must be attested on the back by the primary account holder

All the above documents must be in English (if the documents are in other language it has to be translated to English) and also need to be verified and attested by any reputed international bank/by any HSBC office/Notary Public/Bangladesh High Commission or Consulate General's Office.

If customer provides the Power of attorney (POA) from abroad, POA has to be notarised by Notary Public and then attested by the Bangladesh High Commission or Consulate General's Office.

If customer physically comes to the branches, then customer will provide the POA on Non-judicial Stamp (worth of BDT150.00).

NOTE: Those who are already maintaining an NRB FCY/LCY account with HSBC Bangladesh, the following documents will be required:

• Completed NITA account form
• Completed BO account form
• Completed BO account nominee form
• Completed Trade account opening form
• Power of Attorney
• Tripartite Agreement
• Custodian Agreement
• Two passport size photographs
• Two copies of passport size photos of the nominee which must be attested on the back by the primary account holder

• Only share related transactions are allowed (Apply for IPO, Sale of IPO and Outward Remittance)
• No ATM card and cheque book will be issued against NITA
• Non-resident Investors Taka Account (Current account - non interest bearing account) will provide the customers the flexibility to remit funds from abroad which will be kept in the account as local currency (BDT)
• Deposit facilities - Inward remittances
  Transfer from FCY account
  Refund warrant of IPO
  Sale proceeds of IPO
  Dividend/Bonus from IPO

HSBC

• Quarterly relationship fee of BDT350.00 (+ 15% VAT) will be imposed if the total average balance of NITA falls below BDT200,000.00 per quarter (3 months a quarter).
• Settlement Fee: 0.50% (+15% VAT) per transaction on transaction amount to be charged by HSBC with minimum of BDT500 (+ 15% VAT) or maximum BDT5000 (+ 15% VAT) per transaction.

CDBL and Other Charges

• Transaction Fee: CDBL would also charge a Transaction Fee of 0.025% on the market value of the share with a minimum charge of BDT5.00 per transaction. The total fee would be charged back on every month end.
• Custodian Fee: CDBL will charge BDT300.00 (+ 15%VAT) per annum for maintaining BO account.
• Brokerage Commission: The brokerage firm will charge @ 0.40% per transaction.

HSBC Bangladesh has a dedicated relationship team for the NRBs. You can contact the NRB support desk at HSBC in Bangladesh, or in UAE.

• Toll free number for UAE: 800 NRBD (6723) - For NRBs in Dubai only
• NRB relationship team in UAE at the IBC, HSBC Bank Middle east Limited:
  +971 56 6030961, +971 56 6031695
• NRB relationship team in Bangladesh: +88 02 9660536-43 Ext 940, 966, 129, 141, 142
• Call centre: +88 01190 PROBAS (776277)
• Please write to nrb@hsbc.com.bd