Regulatory Alerts2018-03-25
Added · Updated
FEPD Circular Letter No. 06: Purchase of Wage-Earner Development Bonds out of Taka fund against inward remittance sent by wage earners
This clarification confirms that Taka funds credited to non-resident Taka accounts of Bangladesh nationals residing abroad, or to resident Taka accounts of their beneficiaries, are eligible for the purchase of Wage-Earner Development Bonds. This eligibility applies to funds received against inward remittances through normal banking channels or authorized exchange house channels. Authorized Dealers in Bangladesh are instructed to disseminate this clarification to their concerned constituents.
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