Regulatory Alerts2026-04-09
Streamlining the Disposal of Inward Remittances and Enhancing Operational Efficiency
Bangladesh Bank's Foreign Exchange Policy Department-1 extends the implementation deadline for its January 2026 inward remittance framework to June 30, 2026. Authorized Dealers must ensure the prompt processing and crediting of all cross-border inward payment receipts throughout this extended transition period. The directive mandates that all financial institutions immediately disseminate these updated operational timelines to their respective constituents.
Foreign Exchange Policy Department-1 Bangladesh Bank Head Office Dhaka www.bb.org.bd FEPD-1 Circular Letter No. 04 Date: April 09, 2026 Head Offices/Principal Offices of all Authorized Dealers in Bangladesh Streamlining the disposal of inward remittances and enhancing operational efficiency Dear Sirs, Please refer to FEPD-1 Circular No. 03, dated January 08, 2026 in terms of which Authorized Dealers (ADs) are required to operationalize the frameworks stipulated therein within March 31, 2026. 02. For effective implementation of the provisions of the said circular, it has been decided to extend the transition period up to June 30, 2026. 03. During the extended transition period, ADs shall ensure prompt processing and crediting of cross-border inward payment receipts in compliance with the stipulations set out in the circular. Please bring the contents of this circular to the notice of all your constituents. Faithfully yours, (Md. Harun-Ar-Rashid) Director (FEPD-1) Phone: 9530123