Standard Chartered Bangladesh review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Standard Chartered Bangladesh pairs a current account charging a BDT 0 monthly fee with easy access savings from BDT 0, which suits residents, expats and freelancers who want plain everyday banking in Bangladesh. Inward remittances are No fee on inward remittances and the interest rate is variable, with support on email, phone and help centre.
Key facts
- Best for
- A current account with a BDT 0 monthly fee, easy access savings from BDT 0 and no-cost inward remittances.
- Monthly fee
- BDT 0↗
- Deposit protection
- EU DGS up to EUR 100,000↗
- Transfer fee
- No fee on inward remittances↗
- Legal entity
- Standard Chartered Bank↗
- Headquarters
- Bangladesh↗
- Founded
- 1905↗
- Support channels
- Email, Phone, Help-centre↗
- Audience
- Expats, Travelers, Business, Freelancers, Students
- Pricing model
- No monthly fee
- Official website
- sc.com
Savings
Pros and cons
Pros
- The current account charges a monthly fee of BDT 0, which matches the €0 median for everyday accounts and fits the no monthly fee model.
- Savings start from a minimum deposit of BDT 0 and pay a variable rate, the type used across 78.9% of this group.
- Inward remittances are No fee on inward remittances, with the transfer fee amount at BDT 0.
- Support runs on email, phone and help centre, and phone is a common route here, at 79.7% across compared accounts.
Cons
- The interest rate is variable, so the return on a savings balance can move with the bank's pricing rather than being held for a term.
- Withdrawals pay out to bank only, so there is no cash payout listed alongside the bank transfer.
Who it suits
- Expats and travelers in Bangladesh who want a BDT 0 monthly fee on a current account
- Freelancers and small businesses receiving money from abroad, where No fee on inward remittances
- Students or savers wanting easy access savings from a BDT 0 minimum deposit
Who should look elsewhere
- PayPal Colombia, because its monthly fee is $0 as well, so cost alone will not separate the two
- Plazo ES, whose monthly fee is €0 too, so the deciding factors are the variable rate and the bank account rather than the monthly charge
How Standard Chartered Bangladesh compares
9.6 vs 8.7
9.6 vs 8.6
9.6 vs 8.0
9.6 vs 8.9
9.6 vs 9.1
9.6 vs 9.2
9.6 vs 8.7
9.6 vs 8.7
9.6 vs 8.7
9.6 vs 9.0Skrill's monthly fee is €0, matching here, so the deciding detail is that withdrawals pay out to bank on a bank account.
9.6 vs 8.7
9.6 vs 9.5
9.6 vs 9.4
9.6 vs 9.3
9.6 vs 9.2
9.6 vs 9.2
9.6 vs 9.2
9.6 vs 9.2
9.6 vs 9.2
9.6 vs 9.2
9.6 vs 9.1
9.6 vs 9.0
9.6 vs 9.0
9.6 vs 8.9
9.6 vs 8.9- 9.6 vs 8.9
9.6 vs 8.7
9.6 vs 8.5
9.6 vs 8.5
9.6 vs 8.5
9.6 vs 8.4
9.6 vs 8.3
9.6 vs 8.2
9.6 vs 8.1- 9.6 vs 8.1
9.6 vs 8.0
9.6 vs 8.0
9.6 vs 8.0
9.6 vs 9.1
Where Standard Chartered Bangladesh is available
- Available
- Bangladesh
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does it cost to hold an account here?+
The current account charges a monthly fee of BDT 0, and the bank is listed under the no monthly fee model. The savings account asks for a minimum deposit of BDT 0. The access terms describe a debit card at no charge, so there is no card fee to budget for.
Is my money protected?+
Deposit protection is listed as EU DGS up to EUR 100,000, which is the only cover stated for the account. The legal entity is Standard Chartered Bank, based in Bangladesh and trading since 1905, and savings sit in an easy access account.
Is there a minimum deposit to get started?+
The savings account starts from a minimum deposit of BDT 0, so the amount needed to test it is small. The current account also charges BDT 0 a month, and interest is credited monthly on any balance held in the savings account.
What does it cost to receive money from abroad?+
Inward remittances are No fee on inward remittances, with the transfer fee amount at BDT 0. Money sent in from overseas is credited without a fee on the receiving side, and the balance still earns the variable interest rate while it sits in the account.
How do I get help if something goes wrong?+
Support runs on email, phone and help centre, so email, phone and the help centre all reach the bank. Phone is the most common channel among compared accounts, at 79.7%, which is useful if you are dealing with a payment that has not landed.
Is the interest rate fixed?+
The rate is variable, which is how most accounts in this group are priced, at 78.9%. The account kind is easy access, so the balance is reachable without locking it into a fixed term.
Who is this account aimed at?+
The listed audiences are expats, travelers and business, so expats, travelers, businesses, freelancers and students are all named. Expats account for 48.5% of comparable everyday accounts, and a fee-free month makes it easy to hold one alongside another bank.
How does it compare with PayPal Colombia or Skrill on cost?+
All three list nothing to pay each month: BDT 0 here, $0 at PayPal Colombia and €0 at Skrill. The difference sits in the variable interest rate, the BDT 0 minimum deposit and deposit protection of EU DGS up to EUR 100,000.
Sources
- esma.europa.eu/sites/default/files/2024-12/CASPS.csv checked September 26, 2026
Backs: Deposit protection
- sc.com/bd checked September 26, 2026
Backs: Audience, Legal entity
“Freelancer Account: Provides hassle free end- to- end digital account opening from anywhere ... Expat Banking: Go global with Standard Chartered Expat Banking. Discover a world of banking designed...”
- sc.com/bd/about-us checked September 26, 2026
Backs: Founded
“Established 1905 (Including ANZ Grindlays experience and presence; Standard Chartered established its first branch in Chattogram in 1948.)”
- sc.com/bd/contact-us checked September 26, 2026
Backs: Headquarters, Support channels
“Complaint Resolution Unit, Client Experience, Level 2, SCB House, 67 Gulshan Avenue, Gulshan, Dhaka 1212”
- sc.com/bd/deposits/current-accounts/fast-current-account checked September 26, 2026
Backs: Pricing model, Monthly fee
“Fast Current Account ... With Zero account Maintenance Fee”
- sc.com/bd/deposits/savings-accounts/smart-account checked September 26, 2026
Backs: Access terms, Account kind, Minimum deposit
“Debit Card ... with zero debit card fee; Cheque Book: Not issued for this account; Counter Transaction: Not allowed.”
- sc.com/bd/interest-rate-matrix checked September 26, 2026
Backs: Rate type
“Interest Rate Matrix September 2026”
- sc.com/bd/investment-fxsolution/foreign-currency-services checked September 26, 2026
Backs: Payout methods
“If the remittance is sent to BDT account then client is eligible to get the incentive as soon as the wage earners remittance gets credited to BDT account”
- sc.com/bd/swadeshi-banking checked September 26, 2026
Backs: Transfer fee, Fee to send 1,000
“No fees on inward remittances”
Compiled from 9 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Licence type, Currency conversion fee, Currencies.
Related by the facts
Guides
Standard Chartered Bangladesh
A current account with a BDT 0 monthly fee, easy access savings from BDT 0 and no-cost inward remittances.