Global Trade Alert
Global Trade Alert

Bangladesh: No approval required for remittance of foreign commission of brokerage firms

Announcement

09 Jan 2013

In January 2013, the government of Bangladesh announced a change in repatriation and surrender requirements.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

09 Jan 2013

Revocation date:

No revocation date

Updated: 09 Jan 2013
Repatriation & surrender requirements In force
On 9 January 2013, the Bangladesh Bank issued FE Circular No.2 which removes the mandatory approval prior to the remittance of commission earnings earned by local firms in their partnerships with fore...
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