Oct
14

Q&A: How much Australian dollars can i take into Bangladesh while visiting?

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4305178849 954a7d6d7f m Q&A: How much Australian dollars can i take into Bangladesh while visiting?
by jankie

Question asked by Bella: How much Australian dollars can i take into Bangladesh while visiting?
I would like to take ,000 Australian dollars in cash to Bangladesh when i visit there in September, and exchange it while i am there. Is there any issue with taking this much Australian cash into the country?

Best answer:

Answer by پنجابی جٹ زاهد
Go ahead,you are legally allowed to bring in foreign currency in any amount,however money in excess of US $ 10,000 in cash must be declared to the Customs upon arrival.

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4 Comments

1

Bring in A$1000 is ok. You dont even need to show them and they seldom ask.

It is advisable to exchange it as and when you may need it. Plan ahead as money changers are not found in every corner of the city.
You are not allowed to take out more than BDT500 (abt US$7.35) when you leave the country but they seldom check though. No restriction on foreign currency.

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2

I have answered a similar question a few days ago. I would like to share the same here too.

The wages earners or expatriate Bangladeshis are allowed to bring maximum US$ 5,000 equivalent in foreign currencies (per earner) without having to declare in writing or without having to pay anything to the Government while entering through any of the ‘ports’ of Bangladesh, that includes ZIA International Airport, at Dhaka.

The relevant guidelines as per government notification:

The Government of the People’s Republic of Bangladesh, Ministry of Finance; Internal Resources Department; National Board of Revenue, SRO Dated 28th June 2008; Schedule-1, Part-’Ka’ Serial # 13 (Ka) of Baggage Declaration Form you have to declare that you are whether you have with you in excess of US Dollar 5,000 or its equivalent other foreign currency with you. And if do so then you have to fill up Form FMJ as per Serial # 13 (Kha)

It is always advisable to contact Bangladesh High Commissioner or Embassy near you to get the updated information. If you need a copy of the Baggage Rule 2008, then please feel free to contact the undersigned. I have it in PDF format downloaded from internet.

Hope above helps.

PS. You may visit the following website and download the same.

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3

I second the comments above regarding the maximum US$5000 limit (or foreign equivilant) but would just add that since you are specifically talking about Australian dollars, keep a close watch on that volatile exchange rate, as a single Australian dollar was worth about 50 US cents not so long ago, but is now trading at over US$1.

That wouldn’t be an issue if you’re only talking about bringing in AUD$1000, but it might catch out anybody close to the limit who hasn’t been following the markets.

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4

People in every country receive the credit loans in various creditors, because this is fast and easy.

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