A dollar savings account lets eligible customers hold and earn interest in US dollars (or other foreign currency) rather than converting to Nepali rupees. These accounts are aimed at people with a legitimate foreign-currency income — remittance recipients, exporters, professionals paid from abroad, NRNs and people who travel or study overseas.
NRB regulates who can open a foreign-currency account and how the funds may be used, so eligibility and documentation requirements are stricter than for a rupee account. Interest is paid in the same currency, and the rate is typically lower than rupee savings because USD deposit rates worldwide differ from Nepal's. The table below ranks every bank publishing a dollar savings rate, highest first.
Holding in dollars removes the rupee-depreciation risk on money you expect to spend abroad, but you forgo the higher rupee interest rate — so a dollar savings account suits those with genuine foreign-currency needs rather than savers simply chasing yield.
Best Dollar (USD) Savings Account Rates in Nepal — Bank Comparison
0 BanksWhat is a dollar savings account in Nepal?
A dollar savings account is a foreign-currency account that holds and earns interest in US dollars instead of Nepali rupees. It is offered by Nepali banks to customers with a legitimate source of foreign currency, under Nepal Rastra Bank rules.
Who can open a USD savings account in Nepal?
Eligibility is set by NRB and typically includes remittance recipients, exporters, NRNs, people earning in foreign currency and certain professionals. Banks require documentation proving the foreign-currency source. Confirm eligibility with the bank before applying.
Which bank gives the highest dollar savings rate in Nepal?
The bank at the top of the comparison table above currently publishes the highest dollar savings rate. The ranking is highest-first and refreshed daily from bank data.
Is the interest rate on a dollar account higher than a rupee account?
Usually no. Dollar savings rates are generally lower than rupee savings rates because they track international USD deposit rates rather than Nepal's rupee rates. The benefit of a dollar account is holding the currency, not a higher yield.
Can I withdraw the money in rupees?
Foreign-currency account rules govern how and when funds can be converted or withdrawn, and conversion is done at the prevailing exchange rate. The exact terms depend on the account type and NRB regulations, so confirm with the bank.
What does the ✓ Verified badge mean?
A Verified badge means the rate was confirmed directly by the bank through Byajdar's partner portal rather than scraped from public sources. Verified rates always override scraped data for that bank and product.