Application for foreign currency accounts opening in your bank

Q. As a manager of a particular branch of a bank write a letter to the proper authority of your Head Office describing the bright sides of opening foreign currency accounts in your bank.

Shahjalal Bank

Ambarkhana Branch, Sylhet

Telephone: 04-33214 Fax: 04-33215

Email: sjalalambarkhana@sjalalbank.com

Our Ref: Suggestion/FEX/03/09

Monday, May 18, 2009

General Manager

Shahjalal Bank

Head Office, International Division,

12, Dilkhusha Commercial Area, Dhaka 1000

SUB: OPENING OF F.C. ACCOUNTS IN AMBARKHANA BRANCH.

Dear Sir,

As you know, our branch has already achieved all its business targets of the current year seven months ahead of the annual closing due on 31 December 2009.

You would be excited to learn that when in the beginning of this year the number of savings accounts was 1,900 and that of current accounts only 56 our branch can now pride over its present number of accounts, which is 4,500 savings accounts and 1,200 current accounts. Our total deposit as on April 30 stands at Taka 60 crore while our total advance stands at Taka 22 crore.

As everybody knows, Sylhet is famous as the richest abode in Bangladesh for expatriates working abroad. All the branches of all the commercial banks in the entire Sylhet Division are dependent on Sylheti wage earners for building their deposit bases. Those bank branches, which offer the privileges to expatriates to open their F.C. accounts, are gaining the best fruits in their deposit hunting.

We would be immensely benefited if your esteemed authority could arrange permission from the central bank for authorizing our branch at least to open F.C. accounts of Bangladeshi expatriates as a special consideration, if at this moment our branch is not given A.D. license to operate other foreign exchange businesses.

Thank you so much.

Sincerely,

Niamot Ali Chowdhury

Vice President and Manager