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

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