BB eases dollar endorsement for foreign travel - News Summed Up

BB eases dollar endorsement for foreign travel


Mehedi Hasan/Dhaka TribuneNew guidelines will make foreign exchange clearance activities more flexible in the travel sectorThe Bangladesh Bank (BB) has allowed travellers to get up to $60,000 endorsed for a passport with five-year validity to simplify overseas travel. “We’ve relaxed our rules aiming to facilitate travellers to be flexible in the use of travel entitlement,” the source also added. The circular said the authorised dealer (AD) bank will be able to release foreign currency under the passport but the bank has to abide by some conditions. However, the person holding the supplementary card will get this facility under their travel quota. The travel quota is applicable from January 1 to December 31.


Source: Dhaka Tribune September 27, 2021 13:30 UTC



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