RegAlertRule · BB · 6 Apr 2014
FEPD Circular No. 17: Release of foreign exchange for private travel abroad
The annual global private travel entitlement for resident Bangladesh nationals is enhanced to US$ 12,000 per adult passenger during a calendar year, with up to US$ 5,000 for travel to SAARC member countries and Myanmar, and up to US$ 7,000 for other countries. Minors under 12 years of age are entitled to half the adult amount, and foreign exchange in cash form must not exceed US$ 3,000 per person per trip. These instructions are effective immediately and apply to all Authorized Dealers of Foreign Exchange in Bangladesh.
Foreign Exchange Policy Department
Bangladesh Bank
Head Office
Dhaka. www.bb.org.bd
FE Circular No. 17 Date: April 06 , 2014.
All Authorized Dealers of
Foreign Exchange in Bangladesh
Dear Sirs,
Release of foreign exchange for private travel abroad Attention of the Authorized Dealers is invited to paragraph 1(ii), chapter 12 of the Guidelines for Foreign Exchange Transactions-2009, Vol-1 read with FE Circular No. 24, dated December 02, 2009 and FE Circular No. 09, dated August 27, 2012 regarding annual travel entitlement of resident Bangladesh nationals for private travel abroad.
02. It has been decided to enhance this global private travel entitlement to US$ 12,000
per adult passenger during a calendar year, with upto US$ 5,000 or equivalent for travel to SAARC member countries and Myanmar and upto US$ 7,000 or equivalent for travel to other countries. As before, for minors (below 12 years in age) the applicable quota will be half the amount admissible for adults. However, foreign exchange in the form of cash must not exceed US $3000 per person per trip.
03. Other instructions regarding release of foreign exchange for travel abroad will remain
unchanged.
Please bring the above instructions, effective immediately, to notice of all concerned. Yours faithfully,
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
Lineage: No known changes
RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.
The links and the sentences they come from (1)
- Amends
“the Guidelines for Foreign Exchange Transactions-2009, Vol-1 read with FE Circular No. 24, dated December 02, 2009 and FE Circular No. 09, dated August 27, 2012 regarding annual travel entitlement”
Mentions (1): 1 document mentions this one without changing it
- Referred to by
“he instructions mentioned in Para 1 and 6 of Chapter 12, Guidelines for Foreign Exchange Transactions, 2009 (Vol-1) and FE Circular No. 17, dated April 06, 2014 regarding issuance of USD in cash fav”
Timeline
This document amends: Release of foreign exchange for travel abroad
Similar documents from other regulators
CBBExchange Control Circular No. 14 - Credit, Debit Cards, and Other Electronic Payment ProductsBarbados · 2020-02-13
BRBForeign Exchange Limits for Service Payments, issued pursuant to the Foreign Exchange Regulation of December 28, 2023Burundi · 2023-12-28
NBEAmendment of Operation of Foreign Exchange BureauEthiopia · 2023-04-25
CBLCentral Bank of Libya Circular 6/2021 on Foreign Currency Sales for Personal, Study, and Medical PurposesLibya · 2023-07-12
More like this from BB
We email you every new BB publication the day it's published.
Source: Bangladesh Bank — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
In RegAlert: added · updated
FX rules change often. Get an email the day any regulator we track changes its foreign-exchange rules.