Agencies in Bangladesh run a current account with a domestic scheduled bank for local pay and collections, and many add Payoneer to receive fees from clients abroad. Larger agencies that bill overseas and hold foreign currency often use a foreign bank such as HSBC. Wise Business is not offered to Bangladesh based businesses as of 8 March 2026.
Suits Agencies best
Depends on your clients. A domestic current account for local work, with Payoneer for overseas client fees.
Typical monthly fee
Domestic current accounts often charge a half yearly maintenance fee of about BDT 300 to BDT 500 rather than a monthly fee. As of 8 March 2026.
Non resident position
Possible with a registered Bangladesh entity and full checks. Verify with the provider.
Providers that fit
Several. Domestic banks plus Payoneer for cross border receiving.
Fees and features as of 8 March 2026Last reviewed 8 March 2026
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Marketing, creative and digital agencies in Bangladesh usually bill a mix of local and overseas clients, pay freelancers and staff, and need clean records for VAT and tax. The standard setup is a company current account at a domestic scheduled bank such as BRAC Bank, City Bank or Standard Chartered Bangladesh, opened in the agency name once you hold a trade license and a tax identification number. Agencies that invoice clients abroad commonly add Payoneer to receive money in foreign currency and withdraw to the bank account, since Wise Business is not available to Bangladesh based businesses as of 8 March 2026. Established agencies with regular foreign currency flows sometimes bank with HSBC. Confirm current terms with each provider.
What Agencies in Bangladesh need from a business account
Agencies need a current account that handles local supplier and salary payments, accepts client payments cleanly, and supports receiving money from clients abroad with the inward remittance records that the tax authority expects. Collections from local clients often run through the bank and mobile financial services such as bKash and Nagad, while overseas fees come through a cross border provider. Foreign currency handling matters for agencies that bill in dollars, which is why a receiving tool sits alongside the domestic account rather than replacing it. As of 8 March 2026.
P
Payoneer
Receives money from clients, marketplaces and platforms abroad into local currency receiving accounts, then withdraws to a Bangladesh bank account. It is a receiving and payments tool, not a domestic current account.
Best for
Agencies billing clients abroad
Monthly fee
Free to open. Receiving and conversion fees apply, as of 8 March 2026.
Corporate and business banking with trade finance and foreign currency support for established companies. HSBC closed its retail business in Bangladesh, so it suits larger companies rather than sole traders. Verify eligibility with the bank.
Best for
Larger agencies with foreign currency flows
Monthly fee
Varies by relationship and account, as of 8 March 2026. Confirm with the bank.
Questions about banking for Agencies in Bangladesh
Can an agency in Bangladesh receive payments from clients abroad?
Yes. Agencies commonly receive overseas client fees through a cross border provider such as Payoneer, then withdraw to a domestic bank account, keeping the inward remittance records that the tax authority expects. Wise Business is not offered to Bangladesh based businesses as of 8 March 2026. Verify current terms with the provider.
What account does a small agency in Bangladesh need?
A current account in the agency name at a scheduled bank, opened with a trade license and a tax identification number, covers local collections and payments. A cross border receiving tool can be added for overseas clients. This is general information, not advice.
Is Wise Business available to agencies in Bangladesh?
No. Wise Business is not offered to Bangladesh based businesses as of 8 March 2026. Wise personal accounts can send money abroad but cannot receive funds locally, so agencies typically use Payoneer for receiving. Confirm the current position with the provider.
How much does an agency current account cost in Bangladesh?
Domestic current accounts often charge a half yearly maintenance fee, for example BDT 300 to BDT 500, rather than a flat monthly fee, with transaction and cash handling charges on top, as of 8 March 2026. Verify current figures with the bank.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 8 March 2026. Confirm current terms with the provider before applying.