Region

Jurisdiction

Regulator

2022-11-16

Added 2026-08-07

FEPD Circular No. 31: Encashment certificate against inward remittances on account of Information Technology Enabled Services (ITES) exports

Authorized Dealers maintaining settlement accounts are authorized to issue electronic encashment certificates to Mobile Financial Service Providers upon request. These certificates must be generated based on auto-generated information from the remittance service provider, including the beneficiary’s name, wallet account number, amount in Taka, and date of credit. The resulting certificate, which includes a QR code, is intended for Income Tax purposes only.

Bangladesh

Bangladesh Bank

Topics

payments