Rule · BB · 30 May 2019

Extension of validity period of Bangladesh Bank's approval for outward remittance

The validity period for authorizations to sell foreign exchange for outward remittances is extended from 30 days to 45 days from the date of approval. This change applies to all Authorized Dealers in Bangladesh and modifies the requirement previously set in paragraph 6, chapter 5 of the Guidelines for Foreign Exchange Transactions (GFET)-2018, Vol-1. All other existing instructions regarding these transactions remain unchanged.

BangladeshBangladesh Bank

Foreign Exchange Policy Department
Bangladesh Bank
Head Office
Dhaka www.bb.org.bd
FE Circular Letter No. : 11 Date: 30th May, 2019 Head offices/Principal offices of All Authorized Dealers in Bangladesh Dear Sirs, Extension of validity period of Bangladesh Bank’s approval for outward remittance Please refer to paragraph 6, chapter 5 of the Guidelines for Foreign Exchange Transactions (GFET)-2018, Vol-1 in terms of which all authorisations for selling foreign exchange for outward remittances given by the Bangladesh Bank remain valid for a period not exceeding 30 (thirty) days from the date of approval.
02. To facilitate the transactions, it has been decided to extend the validity period mentioned above
from 30 days to 45 days. Other instructions in this regard shall remain unchanged. Please bring the contents of this circular letter to the notice of all concerned constituents. Yours faithfully,

(Mohammad Khurshid Wahab)
General Manager
Phone: 9530123

Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.

Lineage: No known changes

RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.

amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it

The links and the sentences they come from (1)

Amends

Guideline of 2018Not in RegAlert
“Please refer to paragraph 6, chapter 5 of the Guidelines for Foreign Exchange Transactions (GFET)-2018, Vol-1 in terms of which all authorisations for selling foreign exchange for outward remittances given by the Bangladesh Bank remain val…”