Regulatory Alerts2014-05-05
Added · Updated
Release of foreign exchange on account of transit expenses to students proceeding abroad for study
The limit for foreign exchange release to students proceeding abroad for study on account of transit expenses is increased from USD 200 to USD 500. This amendment applies to Authorized Dealer banks in Bangladesh under paragraph 10 (B) (a), chapter 11 of the Guidelines for Foreign Exchange Transactions (GFET), Vol-1 (2009 Edition). All other instructions within the referenced paragraph remain unchanged.
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