2022-05-29

Added

Encashment of value added portion of repatriated export proceeds

Authorized Dealers designated for export transactions must make Taka funds available to exporters by encashing the local value added portion of repatriated export proceeds. This encashment and the parking of the remainder in a single foreign currency pool must be executed by the business day following receipt of the proceeds in the Authorized Dealer's nostro accounts. The retained foreign currency funds remain usable only for settling back-to-back import payments on a maturity basis.

Bangladesh Bank logo

Bangladesh

Bangladesh Bank

Click to view full text