Regulatory Alerts2014-05-28
Added · Updated
Release of foreign exchange against travel quota to students proceeding abroad for study
Authorized Dealers may release the entire unused annual travel quota in foreign exchange to Bangladeshi students proceeding abroad against a one-way ticket to study in admissible courses. In such cases, no separate entitlement is admissible for expenses in transit. Relevant instructions regarding transit expenses and their amendment via FE Circular No. 20 are repealed. These instructions are effective immediately.
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