TM Form is a document required for reporting of Outward Remittance to Bangladesh Bank within 5th day of the following month when the transaction occurred. Few instance of transactions are given below for reporting purpose:
- Any kind of outward remittance requested by the customer
- Foreign currency punched against travel quota
- Remittance against study purpose etc.
Therefore, the TM Form must be signed by the applicant and countersigned by the bank.
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