FEPD Circular No. 06: Amendment of FMJ Form

Foreign Exchange Policy Department Bangladesh Bank Head Office Dhaka Website: www.bangladeshbank.org.bd F.E. Circular No. 06 Date 24 Falgun, 1422 07 March, 2016 To All Authorized Dealer Banks for foreign exchange transactions and all licensed Money Changer institutions. Dear Sir/Madam, Regarding amendment of FMJ (Foreign Exchange Declaration) Form. Your attention is drawn to F.E. Circular No. 05 dated January 30, 2014, of this department regarding import and export of currency notes, and F.E. Circular No. 23 dated December 29, 2011, regarding amendment of FMJ Form. 02. In accordance with the instructions mentioned in the above-mentioned circulars issued regarding the import and export of currency notes, the amount of Bangladeshi currency that can be brought into Bangladesh from abroad without declaration to customs authorities in the form prescribed by Bangladesh Bank, and that can be carried out of Bangladesh, has been increased from Taka 2000/= to Taka 5000/=. Necessary amendments have been incorporated into the FMJ Form attached to F.E. Circular dated December 29, 2011. A sample of the amended FMJ Form (Passenger Copy) is attached herewith. All concerned parties are requested to be informed of the above matter. Attachment: As described. Yours faithfully, (Jagannath Chandra Ghosh) Deputy General Manager Phone-9530092

Third Copy (Third Copy) Copy for Passenger (Copy for Passenger)

FOREIGN EXCHANGE DECLARATION FORM (Prescribed by Bangladesh Bank Under Section 8(1) of the Foreign Exchange Regulation Act, 1947) This form is to be filled in by a person entering Bangladesh. Full Name: Nationality: Passport No: Date of Issue: Place of Issue: Date & Time of arrival: Flight No.: Address in Bangladesh: Duration of stay abroad: Profession: Contact No:

DECLARATION Cash and negotiable bearer instruments in foreign currency (drafts, pay orders, traveler's cheques etc.) brought in by the undersigned: Description of Currency Amount In words

I, the undersigned, hereby solemnly declare that the information given above is correct. Signature of Customs Official: Date: Signature of Declarant: Date: FMJ FORM

Information for Declarant

1. An incoming/outgoing passenger may bring in/take out up to Taka 5000/= (five thousand) in Bangladeshi currency at the time of arrival into/departure from Bangladesh.
2. Any amount of foreign currency may be brought in by an incoming passenger with declaration to the customs authorities in Form FMJ. No declaration, however, is necessary for amounts brought in up to US$ 5000/= or equivalent. For a foreigner, the entire amount brought in with declaration or up to US$ 5000/= brought in without declaration may be taken out freely at the time of departure. Up to US$ 5000/= brought in without declaration by a Bangladeshi may also be retained and taken out freely while proceeding abroad. Amounts in excess of US$ 5000/= brought in by resident Bangladeshis, should, however, be encashed or deposited in appropriate foreign currency account within 30 days of arrival. Such amounts brought in by non-resident Bangladeshis can be encashed or deposited in foreign currency account any time after return to Bangladesh.
3. Encashment of foreign exchange brought in should be done with licensed money changers/Authorized Dealer bank branches.
4. An incoming/outgoing adult female passenger may bring in/take out any quantity of personal jewellery worn on her person or as part of her accompanying personal baggage.