Regulatory Alerts2014-04-10
Added · Updated
SD Circular No. 02: Reporting of remittances of Non-Resident Bangladeshi working abroad on daily transactions basis through new Rational Input Template T_ME_D_REMITTANCE
Authorized Dealers of Foreign Exchange in Bangladesh must submit daily remittance data for Non-Resident Bangladeshi workers using the new Rational Input Template T_ME_D_REMITTANCE by 11 AM of the following working day. This requirement applies in addition to the existing monthly remittance data submission in T_ME_M_FRC_TRN, with the cumulative daily amounts required to match the total monthly remittance figures. The template mandates specific fields including date, bank name, branch code, report type, schedule code, currency, country, district, and amount, while the circular becomes effective on May 1, 2014.
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