Bangladesh, Nov. 10 -- Bangladesh Bank (BB) has increased the limit for sending foreign currency abroad for medical treatment without prior approval to US$30,000 from the existing US$15,000, aiming to facilitate overseas healthcare for Bangladeshi citizens.

The central bank issued a circular in this regard on Monday through its Foreign Exchange Policy Department-2, introducing several relaxations in outward remittance facilities for medical treatment, education and other permitted purposes.

Under the new instructions, authorised dealer (AD) banks can release up to US$30,000 or its equivalent for medical treatment abroad without prior approval from Bangladesh Bank.

The circular also relaxed regulations on foreign currency remittances f...