Regulatory Alerts2019-05-30
Added · Updated
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.
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