, Jan. 26 -- Bangladesh Bank (BB) is going to allow the repatriation of the earnings of outsourcing companies and Information Technology Enabled Services (ITES) by Mobile Financial Service Providers (MFSPs).

BB's foreign exchange policy department, in a circular on Sunday, stated that export proceeds against small value service exports in a non-physical form such as data entry/data process, offshore IT service, and business process outsourcing could be repatriated through MFSPs and PSPs.

Bangladesh Bank decides against another hike in interest rates

To widen the scope, the central bank decided to include Payment Service Providers (PSPs) licensed by the BB as facilitators for the repatriation of small-value export proceeds against legit...