Regulatory Alerts2026-06-08
FEPD-2 Circular No. 04: Facilitating Inward Remittance Receipt from Alternative Entities by Licensed Freight Forwarders
Bangladesh Bank has authorized licensed freight forwarders in Bangladesh to receive inward remittances directly from alternative entities, including importers, buying houses, and foreign arranging parties. This directive expands upon previous regulations by allowing these forwarders to collect freight charges outside of their overseas counterpart networks, thereby providing wider flexibility for repatriating funds through standard banking channels. Issued under Section 20(3) of the Foreign Exchange Regulation Act, 1947, the circular maintains all other existing foreign exchange instructions while requiring authorized dealers to notify their relevant clientele of the updated remittance procedures.
June 8, 2026 FEPD-2 Circular No. 04 Date : ------------------- Jaistha 25, 1433 All Authorized Dealers in Foreign Exchange in Bangladesh Dear Sirs, Facilitating the receipt of inward remittance from alternative entities by licenced freight forwarders Please refer to FEPD-1 Circular No. 08, dated May 07, 2026 and its subsequent circulars in terms of which Authorized Dealers (ADs) are allowed regarding freight charges recovered from the overseas importer through their counterpart freight forwarders abroad and repatriated the same to Bangladesh through normal banking channel. 02. To bring wider flexibility and facilitate transactions, it has been decided that licenced freight forwarders are permitted to receive inward remittances from alternative entities such as importers, buying houses, or any other foreign arranging parties, in addition to their overseas counterpart freight forwarders. 03. Other relevant instructions shall remain unchanged. Please bring the contents of the circular to the notice of your relevant clientele. This circular is issued with the authority vested to Bangladesh Bank under Section 20(3) of Foreign Exchange Regulation (FER) Act, 1947. Yours faithfully, (Md. Bayazid Sarker) Director Phone: 9530119 Bangladesh Bank Head Office Motijhel, Dhaka-1000 Bangladesh www.bb.org.bd Foreign Exchange Policy Department-2