NITA (Non Resident Investors Taka Account) is a facility
that is provided to non-resident individuals/institutions
including non-resident Bangladeshi nationals who are
interested in trading Bangladeshi securities against foreign
exchange remitted from abroad.
portfolio investors have to open a Non-resident
Investors Taka Account (NITA) with any authorized dealer
in Bangladesh funding the purchase and easy repatriation
of the sales and income proceeds.
can be purchased only through a member/registered broker
of the stock exchange. E.g. LankaBangla Securities Ltd.
(LBSL). However, public issues not yet listed in a stock
exchange can be bought directly from the issuing
- For the
purpose of trading securities, investors need to open a
security account/trading account with stock broker
listed with the exchanges. E.g. LBSL
- Funds from
NITA can be used to purchase shares and securities
listed in a stock exchange.
- The balances
in this account are freely remittable abroad in foreign
individuals (Foreigners and NRBs).
located abroad which are owned by NRBs.
For Institutional Trading Account
Company NITA A/C number with custodial bank or
Memorandum and Articles of association.
Specimen signature of account operators.
Letter of Authorization.
valid photo ID of the Managing Director.
Valid photo ID of Account Operator(s).
For Individual Trading Account
Account Opening Form and Signature Card duly
Individual NITA A/C Number with custodial bank
or A/C statement.
Valid passport or national ID card photocopy.
copies passport size photograph of account
copy passport size photograph of authorized