RELEASE OF FOREIGN EXCHANGE FOR PRIVATE TRAVEL ABROAD. REF: FEPD CIRCULAR NO. 17 DATED 06.04.2014.
Attention of the Authorized Dealers is invited to paragraph 1(ii), chapter 12 of the Guidelines for Foreign Exchange Transactions-2009, Vol-1 read with FEPD CIRCULAR NO. 24 DATED 02.12.2009 and FEPD CIRCULAR NO. 09 DATED 27.08.2012 regarding annual travel entitlement of resident Bangladesh nationals for private travel abroad.
It has been decided to enhance this global private travel entitlement to US$ 12,000 per adult passenger during a calendar year, with upto US$ 5,000 or equivalent for travel to SAARC member countries and Myanmar and upto US$ 7,000 or equivalent for travel to other countries. As before, for minors (below 12 years in age) the applicable quota will be half the amount admissible for adults. However, foreign exchange in the form of cash must not exceed US $3000 per person per trip.
Other instructions regarding release of foreign exchange for travel abroad will remain unchanged.