FEPD Circular No. 34: Release of foreign exchange on account of Overseas Allowance in favour of the cockpit and cabin crews of Biman Bangladesh Airlines Ltd

Foreign Exchange Policy Department
Bangladesh Bank
Head Office
Dhaka. www.bb.org.bd
FE Circular No. 34 Date: August 21, 2017
All Authorized Dealers of
Foreign Exchange in Bangladesh
&
Licensed Money Changers
Dear Sirs,
Release of foreign exchange on account of Overseas Allowance in favour of the cockpit and cabin crews of Biman Bangladesh Airlines Ltd. Please refer to paragraph 3, chapter-12 of Guidelines for Foreign Exchange Transactions (GFET)’2009 (Vol-1) permitting Authorized Dealers (ADs) to release foreign exchange of govt./ semi- govt. official for official/semi-official visit abroad.
2. It has now been decided that ADs may release foreign exchange on account of overseas
allowances of the cockpit and cabin crews allowed by Biman Bangladesh Airlines Ltd. Before releasing foreign exchange, ADs shall observe the following instructions:
a) An approval letter from Biman Bangladesh Airlines Ltd. in favour of the crews specifying the amount to be released should be obtained. b) The amount released should be endorsed properly on the passport of the crews.
3. Licensed Money Changers may also release foreign exchange for above purpose
observing the instructions as laid down at paragraph 2 above.
Please bring the content of this circular to the notice of all concerned. Yours faithfully, (Md. Abdul Mannan) Deputy General Manager Phone:9530319