Due to the pandemic, holding webinars and virtual meetings have become a regular phenomenon
The Bangladesh Bank extended the validity until December 31 this year to facilitate overseas payments related to webinar solution expenses, owing to the second wave of the Covid-19 pandemic.
Previous deadline for the facility ended on March 31 this year.
The central bank in August last year allowed sending money abroad for actual payments against relevant invoices of such services and supporting documents regarding payment of applicable taxes to facilitate payments for availing webinar solution services.
Due to the pandemic, holding webinars and virtual meetings have become a regular phenomenon to carry out day-to-day activities.
As there was no clear instruction of the central bank in this regard, many of the entities were facing problems while sending money to meet the expenses, said an official of the Bangladesh Bank.