FEOD Circular Letter No. 01: Regarding Submission Hard Copy of Licenced Money Changer's (MCs) Transactions

Bangladesh Bank
(Central Bank of Bangladesh)
Head Office
Motijheel, Dhaka-1000
Bangladesh.
Foreign Exchange Operation Department
15 Sraban/1427
FEOD Circular Letter No.-01/2020 Date:----------------------- 30 July/ 2020 To all Approved Dealers engaged in foreign currency transactions and all Money Changer establishments.

Dear Sir,

Regarding the submission of hard copies of transaction details by Money Changer establishments.

1. In accordance with Bangladesh Bank's Master Circular on Foreign Exchange Operations (FEOD) No. 01 dated 10/12/2015, licensed Money Changer establishments have been reporting their foreign currency transactions, i.e., daily online reporting, and simultaneously submitting hard copies of transaction details to Bangladesh Bank.

2. It has been decided that henceforth, the requirement to submit hard copies of the aforementioned transaction details is not necessary. All other instructions remain unchanged.

This instruction will come into effect immediately.

Yours faithfully,

(Uttam Kumar Modak)
Deputy General Manager
Phone-9530520

---------------------------------------------------------------------------------------------------------------------------- Phone: 88-02-9530010-75, 9530700-59, IP-8802-55665001-200, Fax: 88-02-956612, www.bb.org.bd