DHAKA, March 30, 2020 (BSS) – Bangladesh Bank (BB) has instructed all
banks to release foreign exchange within the permissible limit of travel or
medical entitlement in their international cards.
“It is observed that Bangladesh nationals visiting abroad are facing
problems for returning home due to travel disruptions arising out of COVID-19
pandemic. To facilitate their expenses required abroad, it has been decided
to allow Authorized Dealers (ADs) to release foreign exchange within the
permissible limit of travel and/or medical entitlement in their international
cards,” according to a BB circular issued on Sunday night.
ADs can also remit to the designated accounts abroad by way of bank
transfer or make fund available to them through exchange houses by credit in
the concerned Taka accounts maintained under drawing arrangements, the
circular added.
In case of excess fund required due to unavoidable situation, ADs may
release reasonable amount for subsistence of the concerned travelers to cope
up with the situation, subject to post-facto approval of Bangladesh Bank.
Such relaxation will be applicable till April 30, 2020.