Citizens Freelancer Saving Account
The Citizens Freelancer Saving Account (CFSA) is a savings deposit product tailored for freelancers who receive income in NPR or USD. This product is designed to provide maximum flexibility and benefits for freelancers, enabling them to manage their earnings in multiple currencies and access a range of financial services.
- Minimum Balance:
- NPR Account: NPR 500
- USD Account: USD 10
- Free Debit Card*
- Free Mobile Banking*
- Interest Rate
*“Registration Charge for Mobile banking are free for first 3 months only”.
Benefits
- Dual Account opening USD and NPR
- Medical Insurance up to Rs. 25,000 (24 hrs Hospitalization) *
- Accidental Death Insurance up to Rs. 3,00,000. *
- Discounts on Forex services (0.10 paisa on buy/sell of foreign currencies whenever applicable)
- 50% Discounts on Dollar Travel Cards and E-Com Card Issuance
- No Swift Inward Charge if fund is received on USD account
*For first Year Only
- Declaration Form for NPR Accounts: Freelancers must provide a valid source of income and a declaration form for income verification in the case of NPR accounts. and other required documents as per the bank’s existing operations manual and NRB regulations.
- Source of Income Form for USD Accounts: Freelancers must provide a valid source of income and a declaration form for income verification in the case of USD accounts and other required documents as per the bank’s existing operations manual and NRB regulations.