Categories: Business

ERQ Account for Freelancers in Bangladesh

Standard Chartered Bank participated for the first time in Bangladesh ICT EXPO showcasing its newly launched ERQ Account for ICT freelancers and outsourcing professionals.

In association with BASIS, the bank had launched on 8 June 2015 a unique proposition for the individual freelancers / professionals involved in outsourced service exports with a bundle of a Savings Account and an US Dollar ERQ (Exporter Retention Quota) account.

The customer can receive the proceeds of inward remittances as payment against outsourcing services. And maximum 60% of such proceeds can be parked in the ERQ (Exporter Retention Quota) account in foreign currency and the remainder in local currency savings account. Moreover, the customer will get free VISA International Debit Card through which online purchases and payments in US Dollar will become very convenient. To facilitate, BASIS will issue testimonial / certificate to the applicants which will help them to avail the offer of the bank. The application form of this testimonial can be downloaded from the BASIS website (www.basis.org.bd).

In the exposition, high enthusiasm and keen interest have been observed among the freelancers and ICT professionals involved in outsourced services. The Bank’s offer in association with BASIS will definitely help this group of individuals to better manage their financial needs.

Tech and Teen

Recent Posts

Xiaomi Recognized as the No. 1 Mobile Handset Brand in Bangladesh for the Second Consecutive Year

Xiaomi has been awarded as the No. 1 mobile handset brand in Bangladesh for the…

3 weeks ago

Student Leader Osman bin Hadi, Who was he

Bangladesh is grappling with a wave of unrest following the death of Sharif Osman bin…

4 weeks ago

A guide to taking care of winter wear

Winter has already arrived in the city. The cold breeze urges us to wear our…

4 weeks ago

Youth Usage Patterns Defined Infinix’s Top Smartphones of 2025

As 2025 comes to a close, Bangladesh’s smartphone market reflects a year shaped by shifting…

4 weeks ago

vivo X300 Pro with Dimensity 9500 Redefines Flagship Power and Performance

vivo has unveiled its latest flagship smartphone, the vivo X300 Pro, delivering a complete flagship…

4 weeks ago

iPhones on Fire: Why Bangladeshi Teens Are Hooked on Apple

In every corner of Dhaka’s gadget-markets—from the neon-lit stalls of Bashundhara City to the bustling…

2 months ago