Regulatory Alerts2026-06-18
FEPD-1 Circular No. 13: Remittance of ship lease rental by shipping companies incorporated in Bangladesh
Bangladesh Bank's Foreign Exchange Policy Department-1 authorizes Authorized Dealers to process remittances for ship lease rentals by Bangladeshi shipping companies, extending similar provisions previously granted to airlines. This directive supports the development of the national shipping sector by allowing such payments subject to compliance with existing foreign exchange circulars. Authorized Dealers must verify that applicants hold operational approval for leased vessels and maintain regular submission of returns and repatriation of surplus earnings to the central bank.
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