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Foreign Investment

Temporary Bank Account for Foreign Investors (BIDA OSS)

বিদেশি বিনিয়োগকারীর অস্থায়ী ব্যাংক হিসাব

Before incorporation, foreign investors can open a temporary corporate bank account online through BIDA OSS to bring in paid-up capital and obtain the encashment certificate needed for RJSC registration.

Authority

Bangladesh Investment Development Authority (BIDA)

Processing time

Bank review within about 1 working day after online submission, then a branch visit for signatures (per BIDA OSS guide).

Validity

Temporary — converted/updated after incorporation with company documents.

Legal basis

Bangladesh Bank FE Circular Letter 11 of 17 May 2021 (online temporary accounts under simplified due diligence)

Who needs it?

Foreign shareholders forming a private limited company in Bangladesh.

Government fees

Government fees only — paid to the authority. Our professional fee is quoted separately, in writing. Each line shows how it was verified and when.

ItemAmountStatus
OSS service chargePaid online before the application form opensAmount shown at payment step.Source: bidaquickserv.org/articles/available-servicesOfficial source checkedChecked 22 Oct 2026
Bank chargesAs per the chosen bankConfirm with our office

Required documents

Opening

  • RJSC name clearance
  • Investor passport / corporate shareholder documents
  • Proposed company details

After incorporation

  • Certificate of Incorporation
  • MoA & AoA
  • TIN certificate
  • Trade licence
  • Signatures of account operators

Step-by-step process

  1. 1

    Get RJSC name clearance.

  2. 2

    Read the OSS guideline and pay the service charge.

  3. 3

    Fill and submit the bank account form (tracking ID issued).

  4. 4

    Bank approves and issues the account number via OSS.

  5. 5

    Visit the branch for verification and signatures.

  6. 6

    Remit capital, get the encashment certificate, register the company with RJSC, then update the account.

Frequently asked questions

Do I need Bangladesh Bank permission?

No prior permission is needed for these temporary accounts under the 2021 circular.

Legal basis & official sources

Last reviewed 22 Oct 2026 by Legal Zone Business Licence Desk. Fees and rules change — we reconfirm every figure before you pay.

Related

Start a Business

Company Registration (RJSC)

কোম্পানি নিবন্ধন (আরজেএসসি)

Incorporate a private limited company, one person company (OPC), public company, partnership firm, society or foreign branch with the Registrar of Joint Stock Companies and Firms (RJSC). Starts with name clearance and ends with your Certificate of Incorporation.

⏱ usually 1–2 working days

Foreign Investment

BIDA Project Registration (Local / Foreign / JV)

বিডা প্রকল্প নিবন্ধন

Register your industrial or commercial project with BIDA through the One Stop Service portal — needed for work permits, visa recommendations, import of machinery, incentives and many bank and utility services.

⏱ Typically 7–15 working days after a complete online application

Ready to get your Temporary Bank Account for Foreign Investors (BIDA OSS)?

Send us your documents — we check them free and tell you exactly what's missing.