FEPD Circular No. 24: Release of foreign exchange for travel abroad

Foreign Exchange Policy Department Bangladesh Bank Head Office Dhaka. Web site: www.bangladeshbank.org.bd FE Circular No. 24 Date: November 24 , 2010 All Authorized Dealers of Foreign Exchange in Bangladesh Dear Sirs, Release of foreign exchange for travel abroad Attention of Authorized Dealers (ADs) is invited to paragraph 1(ii), chapter 12 of Guidelines for Foreign Exchange Transactions (GFET)-2009, Vol-1 regarding release of foreign exchange travel quota entitlement for resident Bangladesh nationals proceeding abroad against one way ticket for valid job or migrating abroad. 02. It has now been decided that ADs may in such cases release the entire unused annual travel quota in foreign exchange to resident Bangladesh nationals proceeding abroad. The instruction of the said paragraph of GFET referred to above shall stand amended accordingly. Other instructions of this paragraph and FE Circular No. 24, dated December 02, 2009 will remain unchanged. Please bring this instruction to the notice of all concerned. Meanwhile please acknowledge receipt. Yours faithfully, (Mohd. Humayun Kabir) Deputy General Manager Phone: 9512607