FC-Plus

Make your money grow

FC-Plus

Make your money grow

When you open a FC Plus Foreign Currency Account with Commercial Bank you can be assured that you have made the smarter choice. It guarantees progressively higher interest rates for higher balances, giving you the best return for your foreign currency investments.

When you open a FC Plus Foreign Currency Account with Commercial Bank you can be assured that you have made the smarter choice. It guarantees progressively higher interest rates for higher balances, giving you the best return for your foreign currency investments.

The Essentials

 Save and earn in the currency you want

 Higher returns on your investment

 Attractive rates

Good news for Bangladeshi’s employed overseas, non-resident foreigners, foreign companies (100% foreign owned) and Type-A EPZ companies in Bangladesh. FC Plus gives progressively higher interest rates for higher balances

FC Plus is a high yielding foreign currency account which will guarantee a higher yield for your hard earned foreign currency.

Benefits of a FC Plus Account

You will receive a higher rate of interest than other foreign currency accounts and more than on overseas deposit rates too.

Interest will be calculated on the daily balance and credited to your account monthly, thereby enabling you to earn interest on interest. In another words, your money builds upon itself.

No hassle of maintaining a passbook. You will get your statement of account periodically which gives you the added flexibility and convenience.

Fast, convenient and 24 x 7 unlimited access points to your account from anywhere in the world through online banking or through the millions of ATMs belonging to Cirrus or Visa networks anytime and anywhere.

Interest

The interest rate of FC Plus account is linked to the LIBOR-London Inter Bank Offered Rate, internationally accepted benchmark of foreign currency interest rates.

Higher the balance higher the rate of interest. Only from Commercial Bank

FC Plus account guarantees progressively higher interest rates for higher balances, giving you the best return on your foreign currency investment. With a minimum deposit of 5,000/- in any of the 4 currencies – US Dollar, Euro, Sterling Pounds or Australian Dollars. Higher rates of interest will be paid depending on the balance in the account based on the following slabs;

5,001/- to 25,000/-
25,001/- to 50,000/-
50,001/- to 100,000/-
100,001/- and above

Eligibility

There are two kinds of FC Plus accounts available; Non resident FC Plus and Resident FC Plus. 

Resident FC Plus

If you are a resident Sri Lankan citizen receiving foreign remittances regularly you can open a Resident FC Plus account. This account can be opened as an individual account in your name.

You can even open an account jointly with one or more parties.

Non Resident FC Plus

You may open this account with  the Bank  while you are employed abroad or within 90 days of your return to Sri Lanka and Sri Lankan migrants also can invest in NRFC FC Plus  accounts , 

Joint accounts can also be opened provided all account holders are residing outside Sri Lanka.
Whatever the account type you choose, you will also be entitled to a ATM/debit card with global access.

Terms & Conditions apply
Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.

FC-Plus

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FC-Plus

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K Sripavan

Chairman

Mr Kanagasabapathy Sripavan was appointed as the Chief Justice of the Democratic Socialist Republic of Sri Lanka in January 2015 and held office until March 2017. During this period he functioned as the Chairman of the Judicial Services Commission of Sri Lanka, Chairman of the Incorporated Council of Legal Education, Chairman of the Sri Lanka Judges’ Institute and Chairman of the Superior Court Complex Board of Management.

Mr Sripavan was enrolled as an Attorney-at-Law of the Supreme Court of Sri Lanka in 1977. He obtained a Diploma in Industrial Law from the University of Colombo in 1992 and Master of Laws from the University of London in 1994.

He functioned as the Head of the Court of Appeal Unit in the Attorney General’s Department and handled a large volume of work both in the Court of Appeal and in the Supreme Court including Bills and Fundamental Rights Applications. Prior to the elevation to the Court of Appeal Bench he functioned as a Legal Consultant for the National Savings Bank for two years.

He was appointed a Judge of the Court of Appeal in May 2002 and was elevated to the post of President of the Court of Appeal in March 2007 by his Excellency the President. In March 2008 he was elevated to the Supreme Court Bench.