The expatriate Bangladeshis need not show any paper for incentives on remittance up to $5,000 or Tk 500,000, the central bank said in a notice on Tuesday. They will need to produce copies of their passports and appointment letters of their overseas employer to claim incentives. The expatriates who have already sent money will also get the facilities. “We are giving the expatriates the facilities to encourage them to send more money,” Bangladesh Bank Executive Director Kazi Saidur Rahman said. The expatriates were possibly sending the money from savings or loans, researcher Ahsan H Mansur said.

Source: bd News24 May 12, 2020 17:37 UTC