2024-03-03
Added
Schedule banks in Bangladesh are no longer required to submit hard copies of specific export-related statements, including the Monthly Statement of Outstanding Export Bills and Export Proceed Realisation Certificates. Instead, banks must upload information on overdue export proceeds (EXPs) to the Online Export Monitoring System (OEMS) by the 10th day of each month, detailing reasons for delays, actions taken, and litigation status if applicable. This instruction takes effect immediately.