Dhaka, May 12 -- Bangladesh Bank has raised the limit of funds to be sent abroad for medical treatment expenses from US$ $10,000 to $15,000.

The foreign exchange policy department of the central,bank on Monday, through a circular confirmed this. The new directive allows individuals to send up to $15,000 for this purpose without prior approval from the central bank.

Previously, banks were authorised to remit a maximum of $10,000 for medical expenses without special permission. This limit has now been raised by an additional $5,000.

According to the Bangladesh Bank's notification, up to $15,000 in foreign currency can be released in the name of the hospital or through international cards. Within this limit, customers can also withdraw up...