Regulatory Alerts2019-07-25
Added · Updated
FEPD Circular No. 30: Release of foreign exchange for private travel abroad, revision of
The global limit for foreign exchange release for private travel by an adult Bangladeshi national is increased to USD 12,000 per calendar year, replacing previous regional caps of USD 5,000 for SAARC and Myanmar and USD 7,000 for other countries. Minors under 12 years of age remain eligible for half the adult entitlement, and the release of foreign exchange in the form of USD notes is capped at USD 5,000 per person within the total entitlement. These revised instructions apply to all Authorized Dealers in Foreign Exchange in Bangladesh and take effect from January 2020.
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