FEPD Circular Letter No. 14: Remittance on account of attending training, seminar, workshop abroad

Authorized Dealers in Bangladesh are advised to refrain from executing transactions under the general authorization of GFET-2018, Vol-1, Ch-11, Para-14 for employees of banks and financial institutions operating in Bangladesh. This restriction applies to remittances for registration or participation fees for training, seminars, or workshops abroad. The directive aligns with instructions from the Ministry of Finance dated 12 May 2022 and 16 May 2022. Authorized Dealers must ensure strict compliance at all branches until further instruction.

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Foreign Exchange Policy Department
Bangladesh Bank
Head Office
Dhaka www.bb.org.bd
FE Circular Letter No. 14 Date: 22 May 2022
Head offices/principle offices of all
Authorized Dealers in Bangladesh
Dear Sirs,
Remittance on account of attending training, seminar, workshop abroad Please refer to paragraph 14, chapter 11 of the Guidelines for Foreign Exchange Transactions-2018, Vol-1 (GFET) and its subsequent circulars regarding release of foreign exchange on account of registration/participation fee of the Officials of Govt., Autonomous/Semi-autonomous institution, employees of banks and financial institutions operating in Bangladesh, faculty members of nationally recognized banking training institutions, employees/officials of company/firm/institution/NGO registered and operating in Bangladesh under the existing laws of the country.
02. In consistence with instructions given in circular no: 07.156.026.00.01.2004 (Ongsho2)-403 dated 12 May, 2022 and circular no: 07.00.0000.126.31.001.19-76 dated 16 May, 2022
by the Ministry of Finance, People's Republic of Bangladesh, ADs are advised to refrain from executing the transactions under the general authorization of GFET-2018, Vol-1, Ch-11, Para-14 for employees of banks and financial institutions operating in Bangladesh.
03. Please bring the content of this circular letter to all of your AD branches for strict
compliance until further instruction.
Yours faithfully,
(Kazi Rafiqul Hassan)
General Manager
Phone: 9530123

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Amended 1 time · last 2025-03-27

2025-03-27BBFEPD Circular Letter No. 13: Remittance on account of attending training, seminar, workshop abroadsupersedes

Source: Bangladesh Bank — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works