Bangladesh Bank has revised the rules for Non-Resident Convertible Taka Accounts (NRCTA), allowing expatriates to open and operate such accounts online from abroad and enjoy greater flexibility in managing their funds.

The central bank announced the changes in a notice published on its official Facebook page on October 10, 2026. The initiative aims to provide a secure way for expatriates to save their hard-earned money, expand opportunities to use funds in Bangladesh and encourage legal investment.

Under the new rules, expatriates can open NRCTA accounts through authorised dealer (AD) banks, in addition to offshore banking units. They can choose from savings, current and term deposit accounts according to their needs.

The revised rules also allow account holders to open and operate their accounts through online and e-banking services, reducing the need to travel to Bangladesh to complete banking transactions.

Funds earned abroad can be deposited directly into NRCTA accounts through banks, exchange houses, money transfer operators or expatriates’ own foreign currency accounts.

The money deposited in these accounts can be used to meet personal expenses in Bangladesh, transfer funds to other bank accounts and invest in various government-approved sectors. Account holders will also be able to obtain bank loans against the funds deposited in their NRCTA accounts.

Another key feature of the revised rules is the provision allowing expatriates to repatriate both their deposited principal and the interest or profit earned on the account. This will enable them to transfer their funds abroad when needed.

According to Bangladesh Bank, the NRCTA facility is designed to help expatriates securely maintain their earnings, use their money in Bangladesh and invest in approved sectors.

The central bank expects the revised rules to make banking services more accessible to expatriates while facilitating fund transfers and investment without requiring them to return to the country.