IFIC Freelancer Account

The IFIC Freelancer Account stands as a comprehensive product bundle, designed to cater to the unique financial needs of freelancers. This all-in-one package includes the IFIC Aamar Account, a cross-currency debit card linked to the Aamar Account, an Exporters’ Retention Quota (ERQ) account, and an international debit card associated with the ERQ account in USD.

Product Features Unveiled: Unlocking Financial Possibilities

Features of IFIC Aamar Account:

1. Interest-Bearing Current Account:

• Enjoy the benefits of an interest-bearing current account, ensuring your funds work for you.

1. Deposit & Loan Facility:

• Seamlessly manage both deposits and loans (Term & OD) within a single account for enhanced flexibility.

1. Slab Wise Attractive Interest:

• Avail attractive interest rates calculated on your daily balance amount, structured in user-friendly slabs.

1. Unlimited Transaction Facility:

• Conduct an unlimited number of transactions, providing you with the freedom to manage your finances without constraints.

1. Alternative to Credit Card – Aamar Card:

• Experience a credit card alternative with the Aamar Card, offering convenient and flexible payment options.

1. Digital Banking & MFS Transaction Facility:

• Embrace the future with digital banking solutions and Mobile Financial Services (MFS) transactions at your fingertips.

1. Easy Cash Withdrawal Nationwide:

• Access easy cash withdrawal from a vast network of 13,000+ ATMs across the country.

IFIC Bank PLC Features of ERQ Account

1. Receive Remittance in Foreign Currency:

• Get 35% retention in foreign currency when receiving remittances, ensuring a global approach to your finances.

1. Fast & Cost-Effective Transactions:

• Enjoy fast and cost-effective transactions, facilitating efficient financial operations.

1. Convenient Usage of Received Remittance:

• Seamlessly utilize received remittances for various financial needs, ensuring convenience in managing foreign funds.

1. Fund Transfer through Wire Transfer:

• Leverage the fund transfer facility through wire transfer, ensuring swift and secure transactions.

1. E-commerce and POS Transaction Facility:

• Engage in e-commerce transactions for legitimate business expenses and make seamless POS transactions for international product and service purchases.

1. ATM Transaction Facility Abroad:

• Access your funds globally with the international debit card linked to the ERQ account, providing ATM transaction facilities abroad.

FAQs – IFIC Freelancer Account

1. What does the IFIC Freelancer Account include?
The IFIC Freelancer Account is a bundle product that includes the IFIC Aamar Account, a cross-currency debit card, an Exporters’ Retention Quota (ERQ) account, and an international debit card linked to the ERQ account in USD.

2. Can I earn interest on the IFIC Aamar Account?
Yes, the IFIC Aamar Account is an interest-bearing current account that allows you to earn interest on your daily balance, structured in user-friendly slabs.

3. How many transactions can I perform with the IFIC Aamar Account?
You can enjoy an unlimited number of transactions with the IFIC Aamar Account, providing you with the freedom to manage your finances without constraints.

4. What is the advantage of the ERQ Account for freelancers?
The ERQ Account offers freelancers the ability to receive remittances in foreign currency, retain 35% of the amount, and provides a range of facilities, including fast transactions, wire transfers, and international card usage.

5. Can I use the ERQ Account for e-commerce transactions?
Yes, the ERQ Account allows you to engage in e-commerce transactions for legitimate business expenses, providing a convenient solution for managing foreign funds.

6. How widely can I access cash with the IFIC Freelancer Account?
You can easily withdraw cash from over 13,000 ATMs nationwide, ensuring convenient access to your funds.

7. Is the international debit card associated with the ERQ Account usable abroad?
Yes, the international debit card linked to the ERQ Account allows you to make ATM transactions abroad, providing global accessibility to your funds.