Saturday 18 November 2017 ,
Latest News
  • BNP leader Mintoo, family on Paradise Papers
  • Grand rally to celebrate March 7 speech recognition today
  • 3 students jailed, one fined at BSMRSTU for adopting unfair means
  • 12 Bangladeshi nationals rescued at Benapole
  • Zimbabweans to march as Mugabe's future in the balance
15 November, 2017 12:38:29 AM / LAST MODIFIED: 15 November, 2017 10:41:07 AM

Print

BB allows $5,000 sans declaration

limit to keep foreign currencies
STAFF REPORTER
BB allows $5,000 sans declaration

Bangladeshi citizens can keep up to USD 5,000 or an equivalent amount of any other foreign currency without any declaration. This came into effect from last Monday, says a circular of Bangladesh Bank (BB).

The  circular was signed by BB deputy general manager Md Shahidul Islam.

On October 15, 2017, BB allowed travellers to take up to Tk. 10,000 in the Bangladeshi currency while leaving the country. The same amount was fixed for travellers coming into the country. All banks that deal in foreign currency have received the circular.

In the circular, BB said: ”Any amount of foreign currency may be brought in by an incoming passenger with declaration to the Customs authorities in Form FMJ. No declaration, however, is necessary for amounts brought in upto USD 5,000 or equivalent. For a foreigner, the entire amount brought in with declaration or upto USD 5,000 brought in without declaration may be taken out freely at the time of departure. Upto USD 5,000 brought in without declaration by a Bangladeshi may also be retained and taken out freely while proceeding abroad. Any amount in excess of USD 5,000 brought in by resident Bangladeshis should, however, be encashed or deposited in an appropriate foreign currency account within 30 days of arrival. Such amounts brought in by non‐resident Bangladeshis can be encashed or deposited in a  foreign currency account any time after returning to Bangladesh.”  “An incoming/outgoing adult female passenger may bring in/take out any quantity of personal jewellery worn on her person or as part of her accompanying personal baggage,” it added. According to the Customs rule, anyone can bring 10 grams of gold from abroad without tax.

MK

 

 

Comments

Poll
Today's Question »
BNP leader Moudud Ahmed has urged the prime minister to restore the provision for caretaker government for the next polls. Do you support his call?
 Yes
 No
 No Comment
Yes 82.1%
No 12.8%
No Comment 5.1%
Video

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting