Cenbank eases forex rules for July-August victims’ treatment abroad
The limit of $10,000 or equivalent shall stand relaxed on account of treatment abroad for persons injured in the students-people’s uprising, BB says
Bangladesh Bank today (31 December) made a relaxation of foreign exchange limits for individuals injured during the July-August mass uprising to receive treatment abroad.
Previously, individuals seeking medical treatment abroad were limited to taking a maximum of $10,000 or its equivalent in foreign currency.
However, the BB has now lifted this restriction for those injured during the uprising.
Authorized dealers (ADs) of commercial banks are now permitted to release foreign exchange for medical treatment abroad based on individual estimates.
Additionally, international card channels can be utilized for these transactions, providing more flexibility for those individuals.
This measure aims to facilitate access to necessary medical care for those who were injured during the recent political upheaval.