ALLOCATION OF NEW CODES REGARDING INVISIBLE RECEIPTS (CODE-5) AND INVISIBLE PAYMENTS (CODE-7) FOR REPORTING FOREIGN EXCHANGE TRANSACTIONS AS PER THE GUIDELINE TITLED ‘CODE LIST FOR REPORTING OF EXTERNAL SECTOR TRANSACTIONS BY THE AUTHORIZED DEALERS’. REF: SD CIRCULAR NO. 03 DATED 09.11.2015.

Attention of the Authorized Dealers (ADs) is drawn to the reporting of export/import of International Gateway (IGW) service and export/import of Bandwidth.

In order to facilitate reporting of export/import of International Gateway(IGW) service and export/import of Bandwidth , 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 are requested to report their foreign exchange transactions in respective Schedules and Statement to Bangladesh Bank as per allocated new codes (Annexure-A, Annexure-B).

Please bring the contents of this circular, effective from July’2015, to the notice of all concerned.

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