Bangladesh Bank has launched a new bank-intermediated digital payment framework to make foreign digital transactions more modern, secure and accessible. According to a circular issued by the central bank on Wednesday, authorised dealer banks will be able to provide outbound remittance services through partnerships with foreign digital payment service providers. The report was published on July 29, 2026.

The circular collectively describes foreign payment platforms and service providers as Cross-Border Digital Payment Service Providers, or CDPSPs. The framework will introduce Digital Value Accounts, or DVAs, which will function as digital wallets or stored-value accounts. These accounts will operate under a master DVA managed by the relevant bank.

Users will be able to use DVAs for foreign-currency spending related to personal travel, medical treatment, official visits and other travel purposes. Payments will also be allowed for membership fees, information technology services, visa fees, hotel bookings and other approved services, as well as online e-commerce transactions within prescribed limits. Bangladesh Bank said the facility can also be accessed against retention quotas and Resident Foreign Currency Deposit account balances, while banks must obtain prior approval before launching such services.