RegAlert

Rule · BB · 19 May 2015

Enhancement of upper limit of LC value issued without using SWIFT to USD 10,000 from USD 7,500 for import of coal through land port

fx

The upper limit for the value of a Letter of Credit (LC) issued without using SWIFT for the import of coal through a land port is enhanced from USD 7,500 to USD 10,000. This change relaxes the previous limit established in FE Circular No. 11/2012 and applies to all Authorized Dealers of Foreign Exchange in Bangladesh. The instruction is effective immediately and must be communicated to all constituents.

BangladeshBangladesh Bank

‰e‡wkK gyªv bxwZ wefvM
(Avg`vwb bxwZ kvLv)
Foreign Exchange Policy Department
Bangladesh Bank
Head Office
Dhaka. www.bb.org.bd

F.E Circular No. 04 Date: May 19, 2015

All Authorized Dealers of
Foreign Exchange in Bangladesh

Dear Sirs,
Enhancement of upper limit of LC value issued without using SWIFT to USD 10,000 from USD 7,500 for import of coal through land port

Please refer to paragraph 21(i)(f), chapter 7 of the Guideline s for Foreign Exchange Transactions-2009, Vol. 1 and FE Circular No. 11/2012.

  1. It has been decided to relax the upper limit of FE Circular No. 11/2012
    and enhance the upper lim it of LC up to USD 10,000 from USD 7,500 for im port of coal through land without using SWIFT.

Please inform the above instruction, effective immediately, to all your constituents.

Yours faithfully,

(Md. Zakir Hossain Chowdhury)
Deputy General Manager
Phone: 9530250

Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.

Lineage: No known changes

RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.

Guideline of 2009Not in RegAlertGuideline of 2009 — Not in RegAlertEnhancement of upper limit ofLC value issued without using…2015-05-19 · this documentEnhancement of upper limit of LC value issued without using SWIFT to USD 10,000 from USD 7,500 for import of coal through land port (2015-05-19)
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
The links and the sentences they come from (1)
Issued under
  • Guideline of 2009Not in RegAlert

    “Please refer to paragraph 21(i)(f), chapter 7 of the Guideline s for Foreign Exchange Transactions-2009, Vol. 1”

Similar documents from other regulators

More like this from BB

We email you every new BB publication the day it's published.

Source: Bangladesh Bank — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

In RegAlert: added · updated

FX rules change often. Get an email the day any regulator we track changes its foreign-exchange rules.