10 Best Banks in Bangladesh for Freelancers 2023 ,Best Banks in Bangladesh for Freelancers

Full-time freelancers can enjoy the independence of working from home, but it comes with some downsides as well. You don’t have an office to go to or co-workers to meet with, so you have to be extra organized and disciplined if you want your freelancing business to be successful. The first step towards becoming a successful freelancer in Bangladesh is finding and opening an account with one of the best banks in Bangladesh for freelancers, which will give you access to the resources you need to succeed at your job.

A great way to start freelancing in Bangladesh is to open up an account with one of the country’s best banks for freelancers. Banks such as IBBL Bank offer highly competitive interest rates and other services that can help you get your new business off the ground, such as free business account opening and free employee cards. To get started, check out this list of 10 of the best banks in Bangladesh for freelancers!


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Tips To Choose Best Credit Card in BD For Freelancer 

When choosing a bank for your business, it's important to consider factors like online banking, fees and charges, and security.

1. Online Banking: The best banks for freelancers will have easy-to-use online services that allow you to do everything from paying bills to analyzing your balance without having to make a trip to the branch.

2. Fees and Charges: It's also important to make sure that the bank you choose doesn't charge exorbitant amounts for things like using an ATM outside of their network or making international transactions. These fees can really add up over time!

3. Security: Finally, look for a bank that offers strong security measures like two-factor authentication or biometric identification so that your money is safe from hackers and other criminals who might try to steal it from you.


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এডসেন্স এবং ফ্রিল্যান্সারদের জন্য সেরা ১০টি ব্যাংক

List of Top 10 Best Banks in Bangladesh for Freelancers 2023


1) Islami Bank Bangladesh Limited( IBBL)

Islami Bank Bangladesh Limited( IBBL) is one of the best bank for freelancer  In Bangladesh. It has branches all over Bangladesh and it offers personal banking, commercial banking, corporate banking and international services. We know that IBBL is one of the best banks for freelancers in our country. It is often recommended to top freelancers. As well as offering excellent traditional banking services, it offers freelancing services as well. A leading commercial bank in Bangladesh, IBBL is well-known for bringing foreign remittances into Bangladesh, as well as serving freelancers. 


2) Dutch Bangla Bank Limited (DBBL)

DBBL is one of the best banks in Bangladesh because it has a payment gateway that lets freelancers get paid easily. DBBL also offers a debit card and an ATM card with a low monthly fee. The bank has branches all over the country, which make it easy to find one near you. Another perk of this bank is that they don't charge any transaction fees on credit card usage or ATM withdrawals. If you're looking for a reliable bank to store your money, you can't go wrong with DBBL. Among Bangladesh's most popular banks, Dutch-Bangla Bank serves all economic brackets, whether freelancers, students, youths, or the general public. The bank was founded in 1995 and has provided numerous banking and travel opportunities for Bangladeshis. As DBBL allows freelancers to easily earn money from home, it is popular among freelancers since it is the best for their money.


3) BRAC Bank

BRAC Bank is a Bangladeshi bank that offers many products and services to their customers. They offer loans, banking, investments, credit cards and more. Their interest rates are competitive with other Bangladeshi banks and they have been rated the best by many international ranking agencies. Freelancer can status is not a problem because BRAC can help you start your business and make an application for financing your business idea.  A leading private bank in Bangladesh, BRAC Bank offers some excellent features for freelancers to make it easier for them to bring in their earnings.


4) Standard Chartered Bank

Standard Chartered is one of the best banks in Bangladesh to bank with as a freelancer. It has branches throughout the country and offers both local and international transfer options, as well as personal and business banking accounts. Standard Chartered Bank also provides many options for freelancers to get started on their careers. The company provides an online interface that simplifies how much you need to know about banking, and they even provide an easy-to-use app that makes it possible to do your banking on the go.


5) Bank Asia

Bank Asia is one of the best banks in Bangladesh for freelancers because they offer personal banking services as well as merchant facilities for small to medium-sized businesses. They also offer remittance services for migrants who want to send money back home to family members or friends. 

When you want your wages on time, Bank Asia is the way to go, since it is the fastest banking service for freelancers. Alongside the New York-based payment gateway that guarantees timely transaction processing, Bank Asia also offers a slew of excellent features.


6) Mutual Trust Bank(MTB)

Mutual Trust Bank is a Bangladeshi bank with a strong focus on freelancers. They have many lending services designed for freelancers and entrepreneurs, as well as a number of other features that make them one of the best banks in Bangladesh for freelancers. 

Mutual Trust Bank offers various products to help freelancers and entrepreneurs grow their business. The bank has lines of credit, overdraft protection, and other financial services to help you get your venture off the ground and running smoothly. 

There are also online banking services for freelancers, who often find themselves without regular access to traditional banking services. MTB's internet banking options give you 24/7 access to your account from anywhere in the world.


7) The City Bank Limited

The City Bank Limited is one of the best banks for freelancers in Bangladesh because it provides an excellent selection of bank account types for freelancers, from personal and family savings accounts to business banking. It also has a variety of other banking services that are important for freelancers like online banking and mobile banking. Additionally, The City Bank Limited offers a range of savings products and investment opportunities, which allow freelancers to save money while earning interest on their deposits.


8) Eastern Bank Limited

Eastern Bank Limited is one of the best banks in Bangladesh for freelancers because they offer a variety of financial services that freelancers need to start their business. 

Eastern Bank Limited offers online banking, loans, credit cards, and investments. Eastern Bank Limited also has a dedicated team for freelancers that can help them with any banking needs they might have.


9) Prime Bank

Prime Bank is a private bank in Bangladesh and is the largest private sector bank in the country. Prime Bank is headquartered in Dhaka, with branches in major cities around the country. Prime Bank offers a range of services from savings accounts to personal loans for freelancers and small businesses. They also offer international payment services to freelancers who need to send money overseas to pay for orders or transfer funds between two countries.


10) Sonali Bank

Sonali Bank is one of the best banks for freelancers in Bangladesh. They have accounts for freelancers, including a Sonali Business Account, which is specifically tailored to freelancers and helps them manage their business cash flow.


Which bank account is best for freelancers 2023

Islami Bank Bangladesh Limited (IBBL) is the best bank account for freelancers. IBBL's MasterCard® has no monthly fees and a low interest rate, and it is also possible to withdraw money from any ATM in Bangladesh without paying any service charges. IBBL offers a specific account designed with freelancers in mind, which includes features like overdraft protection and a 10% savings bonus.

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এডসেন্স এবং ফ্রিল্যান্সারদের জন্য সেরা ১০টি ব্যাংক

How can i open my freelancing Bank Account 

The account opening form requires that the account holder provide their full name and address as well as proof of identification like a national id card or passport. The form must be signed by the account holder and an introducer who is responsible for introducing the account holder to the bank. Once the form is completed and all necessary documents have been provided, the account is ready to be opened!


Which is the No 1 bank in Bangladesh?

Out of our selection, Islami Bank Bangladesh ranks highest because it has the largest network of banking across the country, with 537 branches. It was founded in 1983, being the first Islamic bank in Southeast Asia.


Can a freelancer open a bank account

Yes, freelancers can open bank accounts. It is not uncommon to use a personal account when freelancing. There are many banks that offer free checking and savings accounts with no minimum balance requirement, as well as no monthly service fees. Talk to your banker about which account will work best for you.


Which card is best for freelancing in Bangladesh?

The EBL Mastercard Aqua Prepaid Card is the best card to use when freelancing in Bangladesh. It's a prepaid card that you can top up with either BDT or USD and it lets you convert your money on the fly. Plus, you can send money to other people with the same card and there are no limits on how much or how little you can send.


What is the best way to receive payments for Bangladeshi Freelancers

There are a number of different options available to freelancers when it comes to receiving payment. You can have your client pay you by bank transfer, or through the Payoneer system. With Payoneer, freelancers receive their payments from clients directly into their personal account, which is linked with a local Bangladeshi bank account.


Do I need a bank account for freelancer

A bank account is crucial to managing your finances as a freelancer, and there are many banks that offer these products. If you're not sure which one to choose, take a look at the following information to help you decide.


Which Thing Need to Create a bank Account

To open a bank account in this country, there are a few steps to follow. The first step is filling out the application form and providing two passport size photos of the account holder. Second, provide your national identity card and one passport size photo of the nominee. Next, the introducer must sign the form and provide their national identity card as well.


What types of accounts do banks offer freelancers? 

You can easily withdraw freelancing money through the account of your choice. You can create both personal and business accounts. You will create accounts as needed.


What is the difference between a personal account and a business account? 

Accounts in which personal transactions are carried out are called personal accounts. Accounts used for business purposes are called business bank accounts.


How do I apply to open an account? 

Opening a bank account in a foreign country can be an intimidating process. Thankfully, banks have simplified the process by reducing the number of steps and paperwork required to open an account. While there are many factors to take into consideration when opening a bank account abroad, this article will outline some basic steps that are applicable to all countries. 

1) Fill up the account opening form 

2) 2 passport size photos of the account holder 

3) National id card 

4) 1 passport-size photo of the Nominee 

5) Introducer signature


How much money should I have in my account before I can open one?

It takes very little money to open a bank account. Different banks have different types of bills. No specific amount is mentioned. You can find out from the bank from which you will create the account.


Will I be able to work as a freelancer without opening an account at a bank?

Freelancing has no connection with bank account, but when you withdraw money, if you have a bank account, money can be deposited directly into your bank account. If you use Payoneer then you must have a bank account. So it can be said that freelancing does not have a direct bank account connection but an indirect connection with the bank.


Factors to select the right bank for freelancers

The factors that influence the decision to use a particular bank are: 

1. Branch network - A good branch network ensures that you can withdraw cash at any time, either through a cash machine or by visiting your local branch. 

2. Online banking - Some banks offer excellent online banking facilities, enabling you to make transactions from the comfort of your own home and without going into a branch. 

3. Credit card services - If you spend a lot of time Spend abroad, it is worth checking if your bank offers a credit card which will help save on fees when withdrawing money abroad. 

4. Card features - There are many different types of debit cards available, some with more features than others. You should consider how often you will be using the card before selecting one with more features such as contactless payments or rewards programs. 

5.Charges and Fees - It is important to check the fee structure with your bank because some banks have monthly charges, while others charge every time you withdraw cash or make a purchase. 

6.Your personal preferences - Some people prefer small, family-run institutions while others prefer large international companies, so finding a company which suits your needs and priorities is important.


5 Reason Why you Need the Best Banks in Bangladesh for Freelancer?

1) Build a strong credit history - A key element to being a successful freelancer is having a good credit history. No one will want to work with you if you have bad credit. 

2) Secure your funds - Setting up bank accounts and using them responsibly will help secure your funds. 

3) Use money-saving techniques - You don't need to be rich to be a successful freelancer, so you can save money by cutting down on the little things that add up over time. 

4) Keep records of all transactions - Keeping track of all your transactions and saving them digitally can make life much easier when tax season rolls around! 

5) Make payments on time - When it comes to payments, there are no excuses; every payment needs to be made on or before the due date. 


Final Thought

I tried to cover all the significant features with pros and cons based on my personal experience. By doing so, you will be able to choose the best bank for your needs.

It is my priority to find a bank that offers both freelancer opportunities as well as features and security. I chose the banks based on their features, security, and cost. Any of the banks mentioned above can be chosen if you want to bring money to your hands and enjoy the benefits of digital Bangladesh.