2021-01-07

Added

Transfer of remunerations to Foreign Currency accounts maintained by foreign nationals employed in Bangladesh

Authorized Dealers may, at the request of employers, transfer up to 75 percent of the net monthly income of expatriate employees from Taka accounts to the employees' Foreign Currency accounts by converting Taka into equivalent foreign currency. Authorized Dealers must ensure that balances held in the eligible employers' Foreign Currency accounts are utilized first before using Taka funds. This authorization applies to branch offices, liaison offices of foreign companies, enterprises operating in Export Processing Zones or High Technology Parks, and exporter-employers with Export Remittance Quota accounts.

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