ALLOCATION OF NEW CODES REGARDING INVISIBLE RECEIPTS (CODE-5) AND INVISIBLE PAYMENTS (CODE-7) FOR FOREIGN EXCHANGE REPORTING IN THE GUIDELINE TITLED “CODE LISTS FOR REPORTING OF EXTERNAL SECTOR TRANSACTIONS BY THE AUTHORIZED DEALERS”. REF: SD CIRCULAR NO. 05 DATED 16.09.2014.

In order to facilitate separate reporting for Receipts / deposits from abroad in F. Cy accounts of foreign nationals residing in Bangladesh and Payments against Maintenance services of telecommunication , Vendor or any other supervision Charges or fees, Maintenance services of machineries & equipments etc., new codes have been allocated in the chapter Invisible Receipts (Code-5) and Invisible Payments (Code-7) as per the guideline titled “Code list for reporting of external sector transactions by the authorized dealers” (2012-edition). All ADs have been requested to report to Bangladesh Bank as per allocated new codes (Annexure-A, Annexure-B).

Please bring the contents of this circular to the notice of all concerned.

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