Regulatory Alerts2025-04-21
Added
Release of foreign exchange for examination fees under recognized foreign academic bodies
Authorized Dealers may release foreign exchange for admission, registration, and examination fees for secondary and higher secondary equivalent studies under recognized foreign academic bodies, provided the examinations are held in authorized centers in Bangladesh. Authorized examination centers may collect these expenses in Taka, subject to due diligence, payment clauses not exceeding 90-day credit facilities, and income collection through bank accounts. Remittances require supporting statements with detailed examinee and financial information, sufficient account balances, and undertakings regarding accuracy and the exclusion of non-resident examinees.
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