Dhaka, May 13 -- Bangladesh Bank (BB) has increased the ceiling for remittances related to medical treatment abroad, allowing authorised banks to remit up to USD 15,000 per patient without prior approval-up from the previous limit of USD 10,000.
According to a circular issued on Monday, while banks may now process an additional USD 5,000 for medical purposes, they are still required to obtain post-facto authorisation on behalf of the remitter.
This adjustment comes amid a growing trend of Bangladeshi patients opting for treatment in higher-cost countries such as Thailand, Singapore, the United Kingdom, and the United States, as access to Indian medical facilities becomes more difficult under the interim government.
The circular clarified...