2022-07-14

Added 2026-08-08

Encashment of balances held in ERQ accounts and revision of its limit

Authorized Dealers in Foreign Exchange in Bangladesh must immediately encash 50 percent of the total balance held in exporters’ retention quota (ERQ) accounts. The retention limit for realized export proceeds is revised from 15 percent, 60 percent, and 70 percent to 7.50 percent, 30 percent, and 35 percent respectively. These revised limits remain valid until December 31, 2022.

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