Dhaka, Nov. 6 -- The central bank has doubled the permissible export limit that can be made without a formal declaration, in a move aimed at supporting small and digital exporters.
The Bangladesh Bank (BB) raised the declaration-free export ceiling to US$1,000 or equivalent, up from the previous $500, to promote cross-border e-commerce and low-value export transactions.
Officials say the changes will make it easier for small traders and online entrepreneurs to receive export proceeds securely through formal channels.
The central bank announced the revised limit through a notification issued on Wednesday.
On the same day, the BB also issued another circular expanding the digital repatriation framework for export proceeds.
Under the ne...
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