Regulatory Alerts2025-02-10
Added
Revocation of Application Deadlines for Inward Wage Remittance Services by MFSPs and PSPs
The deadlines for licensed Mobile Financial Service Providers (MFSPs) and Payment Service Providers (PSPs) to apply for permission to offer repatriation services of wage remittances are revoked. Licensed MFSPs and PSPs may now apply to the Foreign Exchange Policy Department of Bangladesh Bank for this permission at any time. All other instructions previously set forth in FE Circular No. 34 of November 29, 2022, and FE Circular Letter No. 11 of September 19, 2023, remain unchanged.
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