<div><span style="font-size: 1rem;">Banks have decided to withdraw service charge on remittance transactions in a move to increase the flow of foreign currencies in the country, according to reports.</span><br></div><div><br></div><div>Besides, the exchange houses abroad will remain open on holidays to facilitate transaction of remittances.</div><div><br></div><div>The decisions came at a meeting of senior officials of the Association of Bankers, Bangladesh Limited (ABB) and the Bangladesh Foreign Exchange Dealers' Association (BAFEDA) on Sunday at Sonali Bank head office in the capital.&nbsp;</div><div><br></div><div>BAFEDA Chairman Afzal Karim said that expats had to pay a maximum $2 as fee to send their earnings to the country.</div><div><br></div><div>The meeting also decided to raise the encashment rate of export proceeds to Tk100 per dollar from Tk99.5.&nbsp;</div><div><br></div><div>bnbd24/fas</div>