Bangladesh Bank on Tuesday extended six months time limit for authorised dealer branches of all scheduled banks to submit their application through the hard copy of taking approval on behalf of their customers to work as local agent for their foreign companies.

To this end, the BB issued a circular to all AD branches of the banks saying that the BB had made the decision considering the limitation of capability of some commercial banks.
The AD braches will get the facility till October 2, 2014, the circular said.
The BB earlier said that no application in hardcopy would be accepted after April 2, 2014 and the central bank would only accept the application though online in this matter.