Bangladesh Bank has raised the annual foreign-currency allowance for Bangladeshi citizens traveling abroad from $12,000 to $18,000. Under the new rule, a Bangladeshi citizen can now spend up to $18,000, or the equivalent in foreign currency, on foreign travel in a year.
Bangladesh Bank issued a circular on the matter Sunday.
Bangladesh Bank said the travel quota limit was raised in consideration of Bangladeshi citizens’ genuine foreign-currency needs for travel and the changing requirements of international travel.
Under the directive, minors under 12 years old will continue to be allowed 50% of the amount approved for adults, as before.
Meanwhile, there is no change to the existing limit on carrying cash U.S. dollar notes. Under the travel quota, an individual can carry a maximum of $5,000 in cash.
Bangladesh Bank’s new decision creates additional scope for Bangladeshi citizens to use foreign currency for tourism, visiting relatives and other approved foreign travel purposes.
বাংলায় মূল প্রতিবেদন পড়ুন · Read the original Bengali report