<div><span style="font-size: 1rem;">Bangladesh Bank (BB) has said that no one can keep foreign currency notes over $10,000 for more than one month.</span><br></div><div><br></div><div>The central bank issued a notification on Wednesday and sent it to all respected banks for displaying the notification to raise awareness.</div><div><br></div><div>According to it, a resident Bangladeshi can’t keep a cash of not more than $10,000, or foreign currency of equivalent, or in an authorized dealer bank as a resident foreign currency deposit.</div><div><br></div><div>The circular also states that it is mandatory for resident Bangladeshi citizens to sell the excess amount of $10,000 to an authorized dealer bank/licensed money changer or deposit it as resident foreign currency deposit within one month of arrival in the country from abroad.</div><div><br></div><div>The BB notification said that possession of foreign currency outside the limit will be an offense, punishable under the Foreign Exchange Regulation Act, 1947.</div><div><br></div><div>Resident Bangladeshis are requested to sell unauthorized foreign currency to authorized dealer banks/licensed money changers by September 30. Source: UNB</div><div><br></div><div>bnbd24/fas</div>