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

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