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International cards, both debit and prepaid, can be used for online payments of visa processing fees, said the Bangladesh Bank today, as it moves to facilitate smooth transactions
In this context, authorised dealers (ADs) may issue international cards in the name of official designated by nominated agents, said the central bank in a notice today.
The BB has asked ADs to report such foreign exchange transactions to the Foreign Exchange Operation Department of the central bank as well.
Visa processing fees, among others, collected through nominated resident agents of foreign embassies can be remitted abroad to the bank accounts designated by embassies or their home offices.
(TDS)
