Bangladesh Bank has said that no one can keep foreign currency notes over $10,000 for more than one month.
The central bank issued a notification on Wednesday and sent it to all respected banks for displaying the notification to raise awareness, reports UNB.
According to it, a Bangladeshi can’t keep a cash of not more than $10,000, or foreign currency of equivalent, or in an authorized dealer bank as a resident foreign currency deposit.
The circular also states that it is mandatory for resident Bangladeshi citizens to sell the excess amount of $10,000 to an authorized dealer bank/licensed money changer or deposit it as resident foreign currency deposit within one month of arrival in the country from abroad.
Bd-pratidin English/Tanvir Raihan
