RegAlert

Rule · BB · 13 Apr 2021

FEPD Circular Letter No. 09: Release of foreign exchange for online study abroad

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Authorized Dealers in Bangladesh are permitted to continue effecting outward remittances for study abroad under online teaching arrangements for two additional semesters or sessions. This authorization extends the validity of previous allowances, which expired on March 31, 2021, and remains effective until September 30, 2021. The remittances are subject to the observance of usual regulatory instructions and the Guidelines for Foreign Exchange Transactions- 2018.

BangladeshBangladesh Bank

Foreign Exchange Policy Department
Bangladesh Bank
Head Office
Dhaka www.bb.org.bd
FE Circular Letter No. 09 Date: April 13, 2021 Head offices/principal offices of all Authorized Dealers in Bangladesh Dear Sirs, Release of foreign exchange for online study abroad Please refer to Circular Letter No. 30 of August 23, 2020 regarding outward remittances on account of study abroad under online teaching arrangements subject to getting supporting documents in respect of such online courses and observance of the required instructions as per paragraph 10,
chapter 11 of the Guidelines for Foreign Exchange Transactions- 2018 (GFET), Vol-1 and its
subsequent circulars. The validity of the authorization was up to March 31, 2021.
02. Given the ongoing situation, it has been decided that ADs may continue to effect outward
remittances on account of study abroad under online teaching arrangements for another two semesters/sessions subject to observance of usual regulatory instructions. Please inform, effective till September 30, 2021, all of your concerned clientele. Yours faithfully,

(Md. Shahidul Islam)
General Manager (Current Charge)
Phone: 9530123

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Release of foreign exchange foronline study abroad2020 · BBRelease of foreign exchange for online study abroad (2020-08-23)Guidelines for Foreign ExchangeTransactions- 2018 (GFET)Not in RegAlertGuidelines for Foreign Exchange Transactions- 2018 (GFET) — Not in RegAlertFEPD Circular Letter No. 09:Release of foreign exchange f…2021-04-13 · this documentFEPD Circular Letter No. 09: Release of foreign exchange for online study abroad (2021-04-13)Mentions (2)documents that mention itopen the list below the graph ▾Mentions (2): documents that mention it without changing it — open the list below the graph
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
The links and the sentences they come from (2)
Issued under
  • Release of foreign exchange for online study abroad2020 · BB

    “of all Authorized Dealers in Bangladesh Dear Sirs, Release of foreign exchange for online study abroad Please refer to Circular Letter No. 30 of August 23, 2020 regarding outward remittances on account”

  • Guidelines for Foreign Exchange Transactions- 2018 (GFET)Not in RegAlert

    “observance of the required instructions as per paragraph 10, chapter 11 of the Guidelines for Foreign Exchange Transactions- 2018 (GFET), Vol-1”

Mentions (2): 2 documents mention this one without changing it
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