Showing posts with label Foreign Exchange. Show all posts
Showing posts with label Foreign Exchange. Show all posts

Wednesday, 17 August 2016

Repatriation of export proceeds through Online Payment Gateway Service Providers in Bangladesh


In Bangladesh for repatriation of service export related payment through Online Payment Gateway Service Providers (OPGSPs), Maximum limit per transaction is USD 5000.00.

Ref. Bangladesh Bank FE circular no. 21 dated  August 09, 2016

Foreign exchange transaction for IT/Software firms

As per Bangladesh Bank circular FE circular no. 23 dated August 10, 2016, Authorized Dealers are allowed to remit abroad up to USD 25,000 on behalf of IT/Software firms to meet their bonafide expenses in a calendar year (previous limit was USD 20000). Accordingly, the limit for issuance of International Card to a nominated official of IT/Software firm is also increased to USD 2,500 from USD 2,000 within the revised total limit of USD 25,000.

ONE Bank Ltd. Restored Salary of Employees effective from 1st January 2021

Salary/Benefits of ONE Bank Ltd. reverted back to its original amount before cutting the salary benefit in the year 2020. Due adverse affect...