Dhaka, Bangladesh, Nov. 25 -- The central bank has revoked the authorisation requirement for overseas payments using international cards (ICs) to ease such transactions.

"..it has been decided to waive online transaction authorisation form (OTAF) for payments abroad through international cards," the Bangladesh Bank (BB), the country's central bank, said in a notice on Sunday.

The BB relaxed the requirement against the backdrop of criticism raised by different quarters, including the Bangladesh Association of Software and Information Services (BASIS).

On November 14, the central bank issued a notification with imposing restriction on overseas online payments through international cards.

Under the BB's previous notification, internation...