Regulatory Alerts2019-01-27
Added · Updated
FEPD Circular No. 9: Saudi Customs rules for Declaration of goods and cash at entry and exit points of Kingdom of Saudi Arabia
Bangladesh Bank directs all Authorized Dealers in Foreign Exchange to inform customers travelling to or from the Kingdom of Saudi Arabia about local customs declaration requirements. Travelers must submit a declaration to Saudi Customs if they possess goods, cash, financial instruments, gold bullions, precious metals, stones, or jewellery valued at 60,000.00 Saudi Riyals or more. The circular specifies that existing foreign exchange entitlements for Bangladeshi nationals travelling to Saudi Arabia remain unchanged.
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