Regarding The Endorsement On Passport Bangladesh Bank issued a new circular.

To enable dual currency on our debit or credit card, we must have to ensure Endorsement on Passport by the card issuer bank. In a calendar year (January 1 to December 31), a person can use or endorse USD 12000. The authorized USD 12000 must be divided into your cards if you have more than one credit or debit card. If so, both banks and customers may be confused regarding the amount endorsed for a card, i.e., the amount already endorsed by the customer, the amount already used for the current calendar year.

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Bangladesh Bank Foreign Exchange Policy Department issued a circular on 07-02-2023 to eliminate this confusion and to ease the endorsement system. This circular provides outline guidelines for the endorsement on passport of a debit/credit card by the Bank’s authorized dealers.

This circular stated that;

Some authorized dealers are now endorsing passports for foreign currency used until the expiration of the passport. Every year, the endorsement amount will remain the same. If any Currency remains unused will not be added to your account next year. If you wish to make any changes, you must visit your concerned branch.

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