Dhaka, Aug. 9 -- Tour operators will now be able to sell foreign travel packages in Bangladeshi Taka to resident Bangladeshi citizens, under new directives issued by Bangladesh Bank.

The central bank issued a circular on Sunday (August 9) permitting members of the Tour Operators Association of Bangladesh (TOAB) to collect package fees in local currency and remit the equivalent foreign currency to service providers abroad.

Under the guidelines, TOAB members who have formal agreements or commercial understandings with foreign tour operators, hotels, or destination management companies will be eligible for this facility.

Authorized Dealer (AD) banks have been permitted to send foreign currency overseas to pay for actual travel-related ser...