Foreign Employment Saving Account

• Foreign Employment Saving Account, is a product especially designed in line with the recent 6^th Amendment in Dhitopatra Niskasan Tatha Baadfaad Directives, 2079 (dated 2079-07-17) issued by Securities Board of Nepal, which states that all public organizations should reserve 10% of its total Initial Public Offering (IPO) to Nepalese citizens.Before issuing IPO for the general public, reserved quota of IPO for Nepalese citizen having foreign employment is issued initially
  

• Minimum balance: NPR 100
• Debit Card Charge: Free for the first year
• Internet Banking Charge: Free for the first year
• Mobile Banking Charge: Free for the first year
• Interest Calculation:  Interest Calculation on daily basis and payable quarterly 

·         Recent passport size Photo

·         Valid passport with Visa

·         Work Permit

·         Employee ID Card (It shall be optional)

·         Remittance Voucher (If it can be tracked and ensured from account statement, then it shall be optional)

·         Any other valid ID documents (It shall be optional)