2019-06-19
Added · Updated
Authorized Dealers may provide acquiring services to airlines, shipping lines, general sales agents, and travel agents under merchant arrangements to realize sales proceeds in foreign currency. This authorization permits foreign nationals to use international debit, credit, or prepaid cards for online air and ship ticket purchases on e-commerce websites accessible via the internet. The instructions are effective immediately.
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Foreign Exchange Policy Department
Bangladesh Bank
Head Office
Dhaka www.bb.org.bd
S.P.A. Circular No. 1 Date: 19/06/2019
All Airlines/Shipping Lines/General Sales Agents/ Travel Agents and Authorized Dealers in Bangladesh Dear Sirs, Online purchase of tickets by foreign nationals and resident Bangladeshis for travelling abroad. In terms of paragraph 11(vi)(c), chapter 12 of the Guidelines for Foreign Exchange Transactions-2018, Vol-1 (GFET) credit cards are usable for purchase of air tickets by foreign nationals in Bangladesh. PSD Circular No. 05, dated November 02, 2009 permits to use credit cards in local currency on internet for transactions under e-commerce. Accordingly, resident Bangladeshis can freely use local currency cards to purchase online tickets, for travelling abroad, on e-commerce website accessible through internet.
02. It has now been decided that international cards (debit/credit/prepaid) may be used for
online purchase of air/ship tickets for travelling abroad by foreign nationals on e-commerce website accessible through internet. To facilitate the transactions, ADs may, under merchant arrangement, provide acquiring services to airlines/shipping lines/general sales agent/ travel agents to realize the sales proceeds in foreign currency. Please bring the above instructions, effective immediately, to the notice of your concerned constituents. Yours Faithfully, (Mohammad Khurshid Wahab) General Manager Phone: 9530123
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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
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