No document needed for cash incentive over Tk 5 lakh remittance: BB
Bangladesh Bank (BB) has relaxed the requirement for availing 2.5 percent cash incentive for inward remittances over US$5,000 or Taka 5 lakh.
From now, non-resident Bangladeshis (NRBs) and migrant workers will not require presenting documents while sending over $5,000, or Taka 500,000 in remittance, in order to qualify for the incentive given by the government, said a BB circular issued today.
Earlier remitters needed to submit remittance related documents.
This new facility will be available until further notice, the circular added.
Unauthorized use of news, image, information, etc published by BD24Live.com is punishable by copyright law. Appropriate legal steps will be taken by the management against any person or body that infringes those laws.
Latest from Economics
Editor In Chief: Amirul Islam
House#35/10, Road#11, Sekhertek, Dhaka 1207
News Desk: 09678677191
Email: [email protected]