Regulatory Alerts2025-06-19
Added
FEPD Circular No. 23: Remittances against current account transactions
The authorization for outward remittances up to 1 percent of annual sales or USD 100,000, whichever is higher, is extended to all sectors under the prevailing Industrial Policy, excluding banks and financial institutions. Authorized Dealers must verify that cases are not covered by specific authorizations and ensure any required consent from competent authorities is obtained before processing. Requests for remittances related to royalty, technical knowledge fees, technical assistance, and franchise fees continue to be handled under the Bangladesh Investment Development Authority guidelines.
Topics
fx
Share