FEID Circular Letter No. 01: Time extension for placement of fund from Offshore Banking Operations to Domestic Banking Units

The validity of FEID Circular Letter No. 02 dated 14 July, 2022 is extended until June 30, 2023 to facilitate the settlement of import payments for capital machinery, industrial raw materials, and government imports. All other instructions contained in the mentioned circular letter remain unchanged. Authorized Dealer Banks in Bangladesh are advised to bring these contents to the notice of their Offshore Banking Operations.

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Foreign Exchange Investment Department
Bangladesh Bank
Head Office
Dhaka www.bb.org.bd
FEID Circular Letter No. 01 Date: 04 January, 2023 Head offices/principal offices of all Authorized Dealer Banks in Bangladesh Dear Sirs, Time extension for placement of fund from Offshore Banking Operations (OBOs) to Domestic Banking Units Please refer to FEID Circular Letter No. 02 dated 14 July, 2022 on the captioned subject.
02. To facilitate the settlement of the import payments of capital machinery, industrial
raw materials and imports by the government, the validity of the said Circular Letter has been extended till June 30, 2023. All other instructions of the mentioned circular letter shall remain unchanged. You are advised to bring the contents of this circular letter to the notice of your OBOs. Yours faithfully, (Husne Ara Shikha) Director (FEID) Phone: +88-02-9530144

Lineage: In force

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Timeline

This document amends: FEID Circular Letter No. 02: Placement of fund from Offshore Banking Operations to Domestic Banking Units

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