Regulatory Alerts2012-06-25
Added · Updated
FEPD Circular Letter No. FEPD(Remittance)44/2012-12: Performing Hajj Under Private Management-1433 Hijri Year
The document mandates that approved dealers release foreign exchange for Hajj under private management for the 1433 Hijri year (2012 Gregorian) in accordance with the Ministry of Religious Affairs' Hajj Package-2012 notification. It specifies a government-determined expense breakdown totaling 1,48,550 BDT for core costs such as airfare and taxes, while other expenses like accommodation and food are package-dependent. Pilgrims must deposit funds into agency accounts, with agencies permitted to accept only cash receipts signed by authorized directors. Additionally, pilgrims are allowed to carry a maximum of USD 500 in foreign currency, and foreign exchange issuance for consultant return tickets is restricted to no earlier than two weeks before the travel date.
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