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

Foreign Exchange Operation Department Bangladesh Bank Head Office Dhaka. www.bb.org.bd.

FEOD Circular Letter No-1 Date: November 28, 2018 All Authorized Dealers of Foreign Exchange in Bangladesh.

Dear Sir, Generating of "Information of freight brought by freight forwarder against FOB (or similar term) export" by using Bangladesh Bank Online Inward Remittance Monitoring System. Please refer to Paragraph-2A (iii) of Chapter-10, Paragraph- 4A(a) of Chapter-17 and Appendix￾5/96 of the Guidelines for Foreign Exchange Transactions(GFET), 2018 (Volume-1) regarding issuance of certificate of inward remittance against FOB(or similar term) export. 02. Now it has been decided that ADs shall generate "Information of freight brought by freight forwarders against FOB (or similar term) export (to be termed as Form FF)" using Bangladesh Bank Online Inward Remittance Monitoring System (as per attached manual) instead of issuing encashment certificate in favor of concerned freight forwarder. 03.Freight forwarders shall provide 'Form FF' to the concerned airlines/shipping companies in support of freight charges recovered from the overseas importer through their counterpart freight forwarders abroad. 04. In this regard, Airlines/Shipping Companies shall collect 'Form FF' from the concerned freight forwarders in support of freight charges and submit the same to the designated AD while remitting their surplus earnings to their Head Office/ Principal abroad. 05. Other instructions contained in Paragraph-2A (iii) of Chapter-10, Paragraph-4A of Chapter-17 of the Guidelines for Foreign Exchange Transactions (GFET), 2018 (Volume-1) shall remain unchanged. ADs are advised to bring the above instructions effective immediately, to the notice of all concerned constituents. Yours Faithfully (Md. Shakhawat Hossain) Deputy General Manager Phone: 9530478

User Manual for Inward Remittance Monitoring System Disbursement Acknowledgement Prepared by IT Operation and Communication Department Bangladesh Bank

User Manual for Inward Remittance Monitoring System Page 1 Introduction This manual contains instructions about how to give input to Encashment and Disbursement Detail Form using Inward Remittance Monitoring System. Prerequisite You will need to follow the below mentioned things to use Online Inward Remittance Monitoring System:

1. Must be expert in fundamental usage of computer (Typing, OS, MS Word, Email, Browsing Internet etc.)
2. A laptop or desktop computer. Laptop will be better for places where power failure occurs frequently.
3. A good Internet connection. Multiple internet modems must be purchased from different mobile operators.
4. Operating System (OS): Windows 7 or more/ Linux/Mac OS. Desktop or Laptop OS can only be used. Mobile OS like Android, iphone/ipad OS etc cannot be used.
5. An internet browsing software e.g. Mozilla Firefox, Internet Explorer, Google Chrome etc. Two years older version of said browser software may cause unexpected result.
6. Login ID or User ID provided from Bangladesh Bank for Inward Remittance Monitoring System.

User Manual for Inward Remittance Monitoring System Page 2 At First Login to “Inward Remittance Monitoring System” Now Click on “Non Wage Entry” Tab

User Manual for Inward Remittance Monitoring System Page 3 Now click on “Encashment” Menu

User Manual for Inward Remittance Monitoring System Page 4 Now click on link “Create Encashment”

User Manual for Inward Remittance Monitoring System Page 5 After clicking on the link “Create Encashment”, the Encashment Form will be shown:

User Manual for Inward Remittance Monitoring System Page 6 Now fill up with the desired CformId in the “Encashment” Form. After typing CformId, corresponding Received Date, Payment Date, Currency, FC Amount, Country, Remitter Name will be shown automatically like below:

User Manual for Inward Remittance Monitoring System Page 7 After typing all the field values, click “Create” button.

User Manual for Inward Remittance Monitoring System Page 8 After clicking “Create” button, value will be inserted.

User Manual for Inward Remittance Monitoring System Page 9 Now, to give input in “Disbursement Detail” Form, click “Create” button

User Manual for Inward Remittance Monitoring System Page 10 Now, Fill up the field in the “Disbursement Detail” Form, then click “Create” button

User Manual for Inward Remittance Monitoring System Page 11 After Clicking “Create” button, Data will be saved and shown like below:

User Manual for Inward Remittance Monitoring System Page 12 To insert more data, again Click “Create” button, then fill up all the fields in “Disbursement Detail” Form and finally Click “Create” button as previous one to save that data.

User Manual for Inward Remittance Monitoring System Page 13 To print data, Click “Print PDF” button: