Bangladesh Bank (BB) on Thursday said that expatriate workers serving with shipping or airlines owned by Bangladeshi or foreigners can enjoy cash incentives on remittance effective from July, 2019.
The central bank issued a circular as many banks are confused as to whether they will settle the cases from the date of issuance of circular or from July 2019.
The BB had issued a circular regarding the matter on March 11, 2020.
Bangladeshi people working abroad under any Bangladeshi owned shipping/airlines, foreign owned shipping/airlines and sending their hard-earned foreign exchanges through legal channels are eligible for the cash incentive.
The 2.0 per cent cash incentive is also applied to the Bangladeshi people working abroad with UN agencies and other international agencies. But Bangladeshi citizens who are government employees working in different overseas offices/missions are not eligible for the facility.
