DHAKA, June 24, 2025 (BSS) - The Bangladesh Bank (BB) has allowed local subsidiaries with less than 50 percent foreign shareholding to remit payments abroad for services received from or through their parent, group, or associated companies — subject to certain conditions.

The central bank clarified the matter in a circular today.

In the circular, BB stated that the clarification expands the scope of eligibility to remit service payments. 

It said companies with less than 50 percent foreign ownership may qualify if there are relevant regulatory provisions allowing such remittances in Bangladesh, and the business operations of the local company are dependent on its foreign investor or affiliated entities.