Regulatory Alerts2015-02-11
Added · Updated
FE Circular No. 2: Release of foreign exchange in the form of US Dollar note
Authorized Dealers in Foreign Exchange in Bangladesh must limit cash US Dollar note releases to a maximum of 5,000 per person per trip for outgoing Bangladesh and foreign nationals. This limit applies to entitlements such as private or business travel quotas and to withdrawals from foreign currency or convertible Taka accounts. Any remaining entitlement or account balance must be released as cash notes of other freely convertible foreign currencies. Existing regulations regarding documentation, such as passport and ticket presentation, remain unchanged.
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