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

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 (Ongsho￾2)-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