Any student going abroad for higher studies needs to submit some documents confirming his admission / offer at foreign educational institution, passport etc to City Bank branches. City Bank, keeping all the attested photocopies, opens a City Student file in the name of that particular student. To meet all the foreign currency requirements related to his/her education & accommodation under that admission, City Bank then remits to the institution (or in favor of him/her) the foreign currencies as the file opening bank.
Overview
Required Documents
- Letter issued by the foreign educational institution in support of admission
- I-20 for USA based institutions
- Details of tuition fee & living cost
- Refund policy
- Educational certificates completed in Bangladesh
- Details of the nominee
- Original valid passport
- Photograph of the student
Eligibility
- Any Bangladeshi passport holder student can apply for City Student File
- Needs to have an account relationship with City Bank
Key features
- Same day processing
- Faster and reliable
- No hidden cost
- Larger branch network
- Dedicated Student Service Center at Banani
Opening charge
- Student File Opening charge - Tk. 6,325/- (inclusive of VAT)
- Student File Renewal charge - Tk. 5,750/- (inclusive of VAT)
* Renewal can be done after 1 Year