MDB OFFSHORE BANKING
With a view to catering to the banking requirements of non-resident customers, Midland Bank Limited (MDB) established Offshore Banking Unit in Gulshan and Agrabad Branches under Offshore Banking Division in Head Office, Dhaka. OBU acts as a unique solution for Banks around the globe to carry out international banking business which involves foreign currency denominated assets and liabilities taking the advantage of internationally competive pricing for our clients.
MDB Offshore Banking services is specially tailored for 100% foreign owned company, joint venture and locally owned company in Export Processing Zones (EPZ), Export Zones (EZs) and High Tech Park. We offer term finance, working capital finance and trade finance services in different modes. We also provide term finance facility to locally owned industrial units outside EPZ, EZs and High Tech Park.
Our export finance facilities include:
- Back to Back L/C opening
- Export Bill Discounting (FDBP and LDBP)
Our import finance facilities include:
- UPAS L/C Bill Discounting
- Term Loan (TR)
Our non-funded trade finance facilities:
- L/C Opening (Sight & Deferred)
- L/C Advising
- L/C Transfer
- Bank Guarantee
Our Deposit Products
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MDB Offshore Fixed Deposit | FAQ - MDB Offshore Fixed Deposit | ||||||
MDB International Banking Account | FAQ - MDB International Banking Account |
- Bill Discounting (Import Onshore Bill) under (UPAS L/C)
- Deemed Usance/Deferred Export Bill Discounting
- Direct Usance/Deferred Export Bill Discounting
MDB Offshore Bill Discounting (Import Onshore Bill) under (UPAS L/C)
Midland Bank Limited in its offshore banking operation, may discount/purchase usance/deferred Import bills duly accepted by the ADs against import from abroad on banker customer relationship applying due diligence and arrange payment to overseas suppliers.
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MDB Offshore Deemed Usance/Deferred Export Bill Discounting
Midland Bank in its offshore banking operation, may discount/purchase accepted usance/deferred export bills against deemed exports of products produced in Bangladesh and Type C units of EPZs and EZs
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MDB Offshore Direct Usance/Deferred Export Bill Discounting
Midland Bank in its offshore banking operation, may discount/purchase accepted usance/deferred export bills against direct exports of products produced in Bangladesh and Type C units of EPZs and EZs .
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Contact Details
MDB OBO
Zahed Plaza (Level-09)
30, Gulshan Avenue
Gulshan-2, Dhaka
Tel: +88-09666 410999 (Ext. 999-096)
SWIFT: MDBLBDDHOBU