Dhaka, June 22 -- Foreign missions in Bangladesh will no longer need Bangladesh Bank's approval to convert visa fees and other service charges collected in taka into foreign currency and remit the money to their home countries.

The central bank announced the decision on Monday, saying the facility would apply not only to services provided directly by embassies but also to authorised agencies and visa service centres.

Many countries do not have embassies in Bangladesh but operate through visa centres or approved agencies.

Under the new rules, these agencies will also be able to remit fees collected for visa and related services without seeking separate approval from Bangladesh Bank.

The central bank has instructed authorised dealer, or...