online purchase
Credit Card Transactions Abroad: BB revokes rules on prior approval
Bangladesh Bank yesterday walked back on its stance of forcing international credit cardholders to take prior approval from banks for every cross-border transaction, as better sense prevailed amongst the decision makers of the regulatory body of the country’s financial system.
International online purchase limit tripled
Bangladesh Bank triples the limit for international transaction for online purchase that will boost e-commerce services in the country. The scope of the purchase facility has also been widened to accommodate magazine and newspaper subscriptions.
Credit Card Transactions Abroad: BB revokes rules on prior approval
Bangladesh Bank yesterday walked back on its stance of forcing international credit cardholders to take prior approval from banks for every cross-border transaction, as better sense prevailed amongst the decision makers of the regulatory body of the country’s financial system.
International online purchase limit tripled
Bangladesh Bank triples the limit for international transaction for online purchase that will boost e-commerce services in the country. The scope of the purchase facility has also been widened to accommodate magazine and newspaper subscriptions.
