2024-12-09

Added

FEPD Letter No. FEPD(LDA)/147(1)/2024-6935: Discontinuation of submission of Wage Remittance related statements to Bangladesh Bank

Approved dealer banks are no longer required to submit hard copies of various statements related to wage remittance to the Foreign Exchange Policy Department of Bangladesh Bank. However, these banks must continue to submit online reports of the specified data through the Foreign Exchange Management Information System (FEMIS) module of Bangladesh Bank.

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Foreign Exchange Policy Department Bangladesh Bank Head Office Dhaka Ref No: FEPD(LDA)/147(1)/2024-6935 Date: December 09, 2024

Managing Director / Chief Executive Officer All Scheduled Banks operating in Bangladesh

Dear Sir,

Regarding the cancellation of reports submitted by various banks or financial institutions.

  1. In the context of circulars/circular letters and departmental letters issued from time to time by the Foreign Exchange Policy Department, there is a provision for approved dealer banks to send various statements related to "Wage Remittance" to this department.

  2. It is hereby informed that there is no need to send hard copies of the statements mentioned in the enclosure. However, online reporting of the specified data by approved dealer banks through the Foreign Exchange Management Information System (FEMIS) module of Bangladesh Bank will continue.

All concerned are requested to inform themselves regarding this letter.

Yours faithfully,

Monowar Uddin Ahmed Director (FEPD) Phone: 9530119

Ref No: FEPD(LDA)/147(1)/2024-6935 Date: December 09, 2024

List of Previous Circulars/Letters/Notes of Foreign Exchange Policy Department

List of Previous Circulars

Related to Foreign Exchange Policy

(a) Letter No- FEPO(LDA)/83/FE-4/200/83; Date: 30/01/1983 (b) Circular No- EXPI(Wage)/833-4/7-193/207; Date: 31/01/1983 (c) FEPO Circular No- FE-188-5-4/98/83; Date: 31/01/1983 (d) Circular Letter No- ECI (Wage)83/FE-4-198/83; Date: 30/01/1983 (e) Circular Letter No- ECD (Wage) 83 FE/194/207; Date: 30/01/1990 (f) Letter No- Wage/Wage-1/2001-559; Date: 09/08/2001 (g) Letter No- Wage/Wage/4(a)/-944; Date: 30/10/2002 (h) Letter No- Wage/Wage-39/2002-292; Date: 22/07/2003 (i) Letter No- Wage/LDA-1/154/2004-2839; Date: 28/12/2004 (j) Letter No- FEPD(LDA)/160/2018-999; Date: 30/01/2018

List of Previous Circulars

Related to Foreign Exchange Policy

(a) Circular Letter No- FEPD (LDA)/147/2017-09; Date: 14/06/2017

Related to Foreign Exchange Policy

Related to Foreign Exchange Policy

(a) FE Circular No- 23/92; Date: 25/05/1998

Related to Foreign Exchange Policy

Related to Foreign Exchange Policy

(a) FE Circular No- 32 Ref No- FEPD/Wage-1/2001/547 Date: 09/08/2001 (b) Letter No- FEPD/Wage-1/2001/559; Date: 09/08/2001 (c) Letter No- Wage/Wage-39/2002-293; Date: 05/06/2002 (d) Letter No- Wage/Wage-39/2002-296; Date: 08/05/2002 (e) Letter No- Wage/Wage/39/2002-297; Date: 06/02/2005 (f) Letter No- Wage/Wage-39/2002-299; Date: 08/05/2002 (g) Letter No- Wage/Wage/2002-2003; Date: 08/05/2002 (h) Letter No- Wage/Wage-2.3/2003-98; Date: 01/03/2003 (i) Letter No- Wage /LDA(Wage)-2.5/278; Date: 07/12/2003 (j) Circular Letter No- FEPD(LDA-1)/147/2007-1468; Date: 29/10/2007 (k) Letter No- FEPD(LDA-1)148.2/2005-1370; Date: 22/08/2005 (l) Letter No- FEPD(LDA)150.1/2005-1269; Date: 27/07/2005 (m) Letter No- Wage (LDA-1)150.1/2007-127; Date: 11/01/2005 (n) Letter No- FEPD(LDA-1)150.1/2007-571; Date: 14/05/2007 (o) Letter No- Wage/Wage/39/2002-305; Date: 08/05/2002

List of Previous Circulars

Related to Foreign Exchange Policy

Related to Foreign Exchange Policy

(a) FE Circular Letter No- FE/ Wage/4(a)/-2002-929; Date: 30/10/2002 (b) Circular Letter No- Wage/Wage/4(a)/-2002-932; Date: 30/10/2002