Outward remittances on account of bandwidth and related service import

FEPD Circular – 27
Authorized Dealers (ADs) to facilitate remittances for bandwidth and related service imports by Bangladeshi businesses, subject to the submission of required documents such as regulatory approvals, licenses, agreements, and tax records. ADs must ensure the authenticity of requests, verify that funds originate from business earnings, and adhere to anti-money laundering (AML) and counter-terrorism financing (CFT) guidelines. Separate records for each client must be maintained for inspection, and all transactions must be processed through designated AD branches with notification to BB.