, July 13 -- Bangladesh Bank (BB) has allowed authorised dealers (ADs) to remit foreign currency beyond existing limits on account of royalty, technical know-how and technical assistance fees for Domestic Processing Areas (DPAs) of Economic Zones (EZs), subject to prior approval from the Bangladesh Economic Zones Authority (BEZA).

The central bank's Foreign Exchange Policy Department issued a circular for all authorised dealers on Monday in this regard.

According to the circular, ADs may now effect outward remittances on these accounts beyond the ceilings prescribed in paragraphs 49(1) and 49(2) of the foreign exchange guidelines, provided BEZA clears the transactions beforehand.

The central bank said BEZA approval will also be mandato...