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From now on, if you send five lakh rupees or five thousand US dollars to the banking channel, you will receive an incentive without any paperwork. If the amount of the remittances is more than five lakh rupees, the documents must be submitted within two months. This installation will remain in effect until December 31 of this year..
Bangladesh Bank issued a notice on Tuesday and sent it to the Chief Executive Officer (CEO) and Managing Director (MD) of all scheduled banks..
It has been said that currently, taking into account the general benefit of the customer, the incentive service will be applicable to remittances sent by Bangladeshis working abroad up to a maximum of five thousand US dollars or up to five lakh rupees at a time without any paperwork..
In the case of remittances of five thousand US dollars or more than five lakh rupees for cash assistance, the obligation to present within 15 working days after receipt has been relaxed and the deadline for the presentation of documents has been extended to two months. This installation will remain in effect until December 31 of this year..
Previously, in case of sending more than Rs. 150,000 per shipment instead of legally sending it to a recipient, there was a provision to send the documents to the shipping bank branch within 15 business days..
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