RegAlertRule · BB · 8 Sep 2015
Release of foreign exchange against cost of advertisement for Bangladeshi products in foreign electronic/online media
Authorized Dealers may effect remittances for the cost of advertising Bangladeshi products in foreign electronic and online media, including dynamic, image, video, and interactive formats. This authorization requires Authorized Dealers to verify the genuineness and bonafides of requests through agreements and invoices and to deduct all applicable taxes. Remittances must be processed through an Authorized Dealer branch designated by the remitter, with intimation provided to the Foreign Exchange Operation Department or the relevant area office of Bangladesh Bank.
Foreign Exchange Policy Department
Bangladesh Bank
Head Office
Dhaka. www.bb.org.bd
F.E. Circular Letter No. 20 Date: September 08, 2015 Head offices/principal offices of all Authorized Dealers of Foreign Exchange in Bangladesh Dear Sirs, Release of foreign exchange against cost of advertisement for Bangladeshi products in foreign electronic/online media Please refer to paragraph 33, chapter 10 of Guidelines for Foreign Exchange Transactions (GFET)-2009, Vol-1 in terms of which Authorized Dealers (ADs) are allowed to make remittances for advertisement of Bangladeshi products in mass media abroad.
02. It is clarified that ADs may effect remittance towards cost of advertisement of
Bangladeshi products in foreign electronic and online media in dynamic, image, video, interactive and/or other formats, after satisfying themselves with the genuineness and bonafides of the requests through agreement and invoices and after deducting all applicable taxes.
03. Remittances under authority of this circular letter may only be made through an AD
branch designated by the remitters for the purpose under intimation to Foreign Exchange Operation Department, Bangladesh Bank, Dhaka/area office of Bangladesh Bank Please bring the contents of this circular to the notice of all concerned. Yours faithfully, (Md. Abdul Mannan) Deputy General Manager Phone: 9530319
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
Lineage: No known changes
RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.
The links and the sentences they come from (1)
- Basis for
“Please refer to paragraph 33, chapter 10 of the Guidelines for Foreign Exchange Transactions-2018 (Vol-1), read with FE Circular Letter No. 20, dated September 08, 2015”
More like this from BB
We email you every new BB publication the day it's published.
Source: Bangladesh Bank — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
In RegAlert: added · updated
FX rules change often. Get an email the day any regulator we track changes its foreign-exchange rules.