Cross-border transactions in Bangladesh are regulated under The Foreign Exchange Regulation Act, 1947. Bangladesh Bank, The Central Bank of Bangladesh is entrusted with the responsibility to implement the Act. Foreign Exchange Investment Department (FEID) of Bangladesh Bank oversees the capital account transactions that include Foreign Direct Investment (FDI), Foreign Portfolio Investment (FPI), Foreign Currency Denominated Debt Finance, Overseas Equity Investment, Repatriation of Profit, Dividend, Head Office Expenses, Share Sale Proceeds, Debt Financing and Disinvestment Fund, and Hotel related remittances. Appointment of overseas agents by Bangladeshi entities/enterprises/companies and the activities of their overseas branches are monitored by FEID. The department also facilitates the financial activities of foreign representatives, project offices, and joint venture entities operating in Bangladesh. Besides, FEID provides opinion to the government regarding bilateral and multilateral investment promotion agreements between Bangladesh and different countries or international agencies. The Foreign Direct Investment Promotion Project (FDIPP), a JICA-funded project, is also managed by this department.
Macroeconomic development, economic growth, and employment generation are facilitated through cross-border transactions and financing.
Services provided to institutions
Services provided to citizens