Regulatory Alerts2012-08-07
Added · Updated
FEPD Circular No. 08: Repatriation of export proceeds through Online Payment Gateway Service Providers
The maximum limit per transaction for service export related payments received through Online Payment Gateway Service Providers is raised from USD 500 to USD 2,000. Authorized Dealers are no longer required to obtain a declaration on Form C for inward remittances repatriated through these providers, but must report the transactions to Bangladesh Bank in monthly returns with the appropriate code. All other terms and conditions from FE Circular No. 15 dated August 07, 2011 remain unchanged.
More like this from BB
BB published 33 documents in the last 30 days. We email you each new one the day it's published.
Topics
fx
payments
Share