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Global Trade Alert

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Bangladesh: Increased remittance allowance for foreigners in Bangladesh

Description

On 15 April 2013, Bangladesh Bank issued FE Circular 06 increasing the cap on savings that can be remitted abroad by foreign nationals who are residing and earning an income in Bangladesh from 50% to...

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Intervention Details

Intervention Type

Repatriation & surrender requirements

MAST Chapter

Capital control measures

Implementation date

15 Apr 2013

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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