Opening book details…
Can I read Guidelines for Foreign Currency Accounts on EtoBox?
Guidelines for Foreign Currency Accounts by Arup Datta is a document available to read on EtoBox.
What is Guidelines for Foreign Currency Accounts about?
Authorized Dealers (ADs) in Bangladesh can open foreign currency accounts for Initial Public Offerings (IPOs) and shipbuilders to facilitate subscription collection and advance remittances, respectively. Shipping companies, airlines, and licensed freight forwarders are allowed to maintain foreign currency accounts for handling costs related to FOB exports and imports. All transactions through these accounts must be reported to Bangladesh Bank, and a special monitoring system is in place for accounts opened
- Author
- Arup Datta
- Language
- EN