Standard Chartered Foreign Currency Account

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Resources

Standard Chartered Foreign Currency Account

An account that allows you frequent international foreign currency dealings without any hassle

Minimum Balance Required (Rs)

2,000

Minimum Amount Required (Rs)

2,000

Daily Withdrawal Limit
(Rs)

Annual Fee
(Rs)

1,000

Allowed Monthly Transactions

View Phone Number

Features

- This account can be opened in US Dollar, Pound Sterling, Euro or Japanese Yen

- This is non-profit bearing account

- Account can be open with just 2,000 (USD, GBP, EUR) or JPY 200k
Benefits

- Low Cash-handling fee

- No service charges if the balance maintained is low

- Free E-statements and Internet Banking

Eligibility

Salaried Person:
- Age Limit: 21 - 60 years
- Documents required: CNIC, Proof of employment, Copy of utility bill

Self-Employed / Businessmen:
- Age Limit: 21 - 65 years
- Documents required: CNIC, Proof of Business
FAQ

Do you earn profit or interest on your foreign currency account?

Yes, you can earn a certain profit or interest on your foreign currency deposits as long as it is a foreign currency savings account rather than a current account.

What currencies you can open a foreign currency account with?

A foreign currency bank account can be opened in USD, GBP, and EUR. Certain banks also allow Japanese Yen.

How you can withdraw funds from your foreign curency bank account?

You can withdraw by cheque only.

Is foreign currency account available as Savings or Current account?

Yes, if a foreign currency account is of type savings, you will receive a profit on your balance on regular intervals such as 3 months, 6 months and 12 months.

Other Details

Best Suitabe For

Day to day transaction in foreign currency
Target Age Group

21 - 65 years
Interest Rate / Profit Rate

0%
Interest Calculation Frequency

-
Profit Payment Frequency

-
Currency of Account

USD, GBP, EUR

Free ATM / Debit Card?
ATM Card Network

-
Free Cheque Book?
Manage with App?
Branch Banking
Online Banking?

Other Bank Accounts from Standard Chartered Bank

SC Basic Saver Account

APR 5.5%

Open Account with Rs. 100

An account for high net worth individuals & business that offers interest on daily basis

See Details

Standard Chartered Basic Banking Account

APR 0%

Open Account with Rs. 1,000

An account to fulfil your basic banking needs with no minimum balance requirement

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Standard Chartered Foreign Currency Account

APR 0%

Open Account with Rs. 2,000

An account that allows you frequent international foreign currency dealings without any hassle

See Details

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