Health insurance regulations for students applying abroad to be relaxed - Share market analysis of dhaka stock exchange, Bangladesh

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13 August, 2017 10:26 AM Source: Dhaka Tribune

Health insurance is one of the prerequisites for admission or visa procedures in most of the countries

The Bangladesh Bank has decided to relax its foreign exchange regulations for students applying for studies abroad in consideration of health insurance coverage.

The central bank issued a circular on Thursday where it stated that students who intend to study abroad are required to make a payment on account of health or medical insurance.

Health insurance is one of the prerequisites for admission or visa procedures in most of the countries.

The Bangladesh Bank will allow Authorised Dealers (ADs) to release the required foreign currency provided that a student can show the supporting documents from the concerned educational institution, the circular added.

Other regulations regarding the release of foreign currency for students applying for admission or studying abroad will remain unchanged, the circular further added.


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