Forex entitlement $ 12,000 a yr for travelling abroad

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The Bangladesh Bank has enhanced the global private travel entitlement to $ 12,000 for per adult Bangladeshi national passenger during a calendar year.
A central bank circular issued on Sunday said the amount will be applicable with up to $ 5,000 or equivalent for travel by a Bangladeshi national to Saarc member countries and Myanmar and up to $ 7,000 or equivalent for travel to other countries.
For minors-below 12 years of age-the applicable quota will be half the amount admissible for adults as before. However, foreign exchange in the form of cash must not exceed $3000 per person per trip, the circular said. It said, the other instructions about the release of foreign exchange for travel abroad will remain unchanged.

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