Regulatory Alerts2025-01-12
Added
FEPD Circular Letter No. 01: Licence renewal fee through BEFTN by licenced Money Changers (MCs)
Licenced Money Changers in Bangladesh may now deposit non-refundable licence renewal fees via the Bangladesh Electronic Fund Transfer Network (BEFTN) to account number 2316100055, replacing the previous requirement to use an account payee bank draft or pay order. This method is authorized to ease the payment process, while all other existing instructions regarding the fee remain unchanged. The directive becomes effective from February 2025.
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