Regulatory Alerts2009-08-27
Added · Updated
FE Circular No. 13: Advance payment against imports
The limit for advance payments against imports from an Exporter's Retention Quota is enhanced from USD 5,000.00 to USD 10,000.00 or its equivalent. This change applies to Authorized Dealers of Foreign Exchange in Bangladesh acting on behalf of exporters for bonafide business purposes. All other terms and conditions stipulated in the relevant sub-paragraph of the Guidelines for Foreign Exchange Transactions remain unchanged.
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