Regulatory Alerts2023-12-28
Added
FEID Circular Letter No. 07: Placement of fund from Offshore Banking Operations (OBOs) to Domestic Banking Units (DBUs)
The validity of FEID Circular Letter No. 04 dated 09 April, 2023 is extended until June 30, 2024. All other instructions contained in the mentioned circular letter remain unchanged. Authorized Dealers in Bangladesh are advised to bring the contents of this circular letter to the notice of their Offshore Banking Operations (OBOs).
Foreign Exchange Investment Department Bangladesh Bank Head Office Dhaka www.bb.org.bd FEID Circular Letter No. 07 Date: 28 December, 2023 Head Offices/Principal Offices of all Authorized Dealers in Bangladesh Dear Sirs, Placement of fund from Offshore Banking Operations (OBOs) to Domestic Banking Units (DBUs). Please refer to FEID Circular Letter No. 04 dated 09 April, 2023 on the captioned subject. 02. In order to continue the flexibility given for external transactions, it has been decided to extend the validity of the said circular letter till June 30, 2024. All other instructions of the mentioned circular letter shall remain unchanged. You are advised to bring the contents of this circular letter to the notice of your OBOs. Yours Faithfully, (Abu Saleh Mohammed Shahab Uddin) Director (FEID) Phone: +88-02-9530144