2024-11-06

Added

BRPD Circular Letter No. 47: Opening L/C and L/C Margin for Importing Essential Consumer Goods During Holy Ramadan

The document instructs scheduled banks in Bangladesh to maintain the minimum cash margin for opening Letters of Credit for specific essential consumer goods on a bank-customer relationship basis to facilitate imports during the upcoming Holy Ramadan. The regulated items include rice, wheat, onion, lentils, cooking oil, sugar, eggs, chickpeas, peas, spices, and dates. Banks are advised to prioritize the opening of these Letters of Credit to ensure market supply. These instructions are effective immediately and remain valid until March 31, 2025.

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