Regulatory Alerts2026-05-12
BRPD-1 Circular No. 12: Verification of Bank Statement and Other Documents for Visa Applications
Bangladesh Bank mandates all banks to verify the authenticity of bank statements, account opening forms, and income tax returns submitted for visa applications. The directive requires these documents to contain a unique Quick Response (QR) code enabling issuing banks to confirm account numbers, names, opening/closing balances, and generation dates. Additionally, statements must be issued within the last six months, with implementing guidelines to be circulated by the Foreign Exchange Department within ninety days.
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