2020-09-30

Added · Updated

FEPD Circular Letter No. 36: Cash incentive against wage earners' remittances sent through legal channels

The document clarifies that cash incentives are not applicable for investments in Wage Earners Development Bonds, US Dollar Investment Bonds, and US Dollar Premium Bonds made in the name of any person other than the remitter themselves. This directive aligns with a decision by the Ministry of Finance regarding the use of authorized funds for these specific bond categories. The instruction is effective immediately for all scheduled banks operating in Bangladesh.

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