Regulatory Alerts2017-01-30
Added · Updated
FEPD Circular No. 04: Opening of Non-Resident Foreign Currency Deposit Accounts
Non-resident Bangladesh nationals and persons of Bangladesh origin are permitted to open Non-Resident Foreign Currency Deposit accounts with Authorized Dealers after returning to Bangladesh to credit retirement benefits, pensions, and superannuation benefits. The balances in these accounts may be used for legitimate payments abroad, subject to the production of documentary evidence and the deduction of applicable taxes.
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