Regulatory Alerts2018-11-28
Added · Updated
FEOD Circular Letter No. 01: Generating of Information of freight brought by freight forwarder against FOB export using Bangladesh Bank Online Inward Remittance Monitoring System
Authorized Dealers must generate Form FF, titled Information of freight brought by freight forwarders against FOB or similar term export, using the Bangladesh Bank Online Inward Remittance Monitoring System instead of issuing encashment certificates. Freight forwarders are required to provide Form FF to airlines or shipping companies to support freight charges recovered from overseas importers. Airlines and shipping companies must collect Form FF and submit it to the designated Authorized Dealer when remitting surplus earnings to their head office or principal abroad.
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