RegAlert2025-01-12
Added · Updated
FEPD Circular Letter No. 01: Licence renewal fee through BEFTN by licenced Money Changers (MCs)
Licenced Money Changers in Bangladesh may now deposit non-refundable licence renewal fees via the Bangladesh Electronic Fund Transfer Network (BEFTN) to account number 2316100055, replacing the previous requirement to use an account payee bank draft or pay order. This method is authorized to ease the payment process, while all other existing instructions regarding the fee remain unchanged. The directive becomes effective from February 2025.
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Foreign Exchange Policy Department
Bangladesh Bank
Head Office
Dhaka www.bb.org.bd
FE Circular Letter No. 01 Date: January 12, 2025 All Authorized Dealers and licenced Money Changers in Bangladesh. Dear Sirs, Licence renewal fee through BEFTN by licenced Money Changers (MCs). Please refer to paragraph 11, chapter 2 of the Guidelines for Foreign Exchange Transactions-2018(GFET), Vol-1 in terms of which Licenced Money Changers are required to deposit non-refundable licence renewal fee through account payee bank draft/pay order.
02. In order to ease the payment of licence renewal fee, it has been decided that Licenced
Money Changers shall deposit the said fee using Bangladesh Electronic Fund Transfer Network (BEFTN) to A/c No-2316100055; Account name-BBGenA/cHO_FEOD. Other instructions in this regard shall remain unchanged. Please bring the content of this circular letter, effective from February/2025, to the notice of your concerned constituents. Yours faithfully,
(Monoar Uddin Ahmed)
Director (FEPD)
Phone: 9530119
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Source: Bangladesh Bank — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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