Bangladesh Bank has relaxed the foreign currency transaction rules for industries operating in the Domestic Processing Areas (DPA) of economic zones. According to a circular issued on Monday, companies can now remit amounts exceeding the previously fixed limits for royalty, technical know-how, and technical assistance payments abroad, provided they obtain prior approval from the Bangladesh Economic Zones Authority (BEZA).

Previously, authorized dealer banks could remit funds within a capped limit—up to 6 percent of the imported machinery value for new projects, and up to 6 percent of declared sales revenue from the previous fiscal year for existing industries. Under the new directive, remittances beyond these limits are allowed with BEZA’s prior approval. Additionally, any other legitimate foreign payments by DPA-based industries will also require BEZA’s authorization regardless of the amount.

Business representatives noted that the decision will simplify cross-border financial transactions for DPA-based industries and reduce restrictions on technology-related payments, potentially supporting greater foreign investment inflows.