FEOD Circular Letter No. 01: Payment Brokerage Charge by Shipping Company/Agent to Shippers Council of Bangladesh

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

13 Magh, 1421 Date: ------------------- 26 January, 2015

CIRCULAR LETTER No.-1

To: All Authorized Dealer Banks Head Office / Principal Office

Dear Sirs,

Regarding the payment of 0.50% Freight Brokerage Charge by Shipping Company/Shipping Agent to Shippers Council of Bangladesh (SCB).

Reference is drawn to your attention to Circular Letter No.-01 dated 01 August, 2011 of this department on the subject cited above.

In this regard, it is mentioned that, in light of the Writ Petition No.-1875/2012 filed in the High Court Division of the Hon'ble Supreme Court, the effectiveness of the said Circular Letter is hereby suspended for a further period of 03 (three) months in accordance with the stay order of the Hon'ble High Court dated 10 November, 2014.

It is advised to inform your respective Authorized Dealer branches regarding the above instructions.

Please acknowledge receipt.

Yours faithfully,

(Md. Aulad Hossain Chowdhury) Deputy General Manager Phone: 9530487

Ref No.-FEO(Rem-1)711/312/2015-412 Date: 26/01/2015

Copies are sent for information and necessary action to:

1. All branches of the Foreign Exchange Operations Department, Bangladesh Bank, Head Office, Dhaka.
2. All Departmental Heads, Bangladesh Bank, Head Office, Dhaka.
3. General Manager, Bangladesh Bank, Motijheel, Dhaka/Chittagong/Rajshahi/Khulna/Bogura/Sylhet/Barisal/Rangpur/Sadarghat, Dhaka.
4. Personal Staff Officer to the Governor, Bangladesh Bank, Head Office, Dhaka.
5. Deputy Director/Assistant Director attached to the Deputy Governor, Bangladesh Bank, Head Office, Dhaka.
6. Personal Assistant Director to the Executive Director/Economic Advisor, Bangladesh Bank, Head Office, Dhaka.
7. Executive Director, Bangladesh Bank Training Academy, Mirpur-2, Dhaka.
8. Secretary, Banking and Financial Institutions Division, Ministry of Finance, People's Republic of Bangladesh, Bangladesh Secretariat, Dhaka.
9. Secretary, Ministry of Commerce, People's Republic of Bangladesh, Bangladesh Secretariat, Dhaka.
10. Secretary, Ministry of Shipping, People's Republic of Bangladesh, Bangladesh Secretariat, Dhaka.
11. President, Shippers Council of Bangladesh, Elite House (10th Floor), 54, Motijheel B/A, Dhaka-1000.

(Md. Raiyuddin Bhuiyan) Deputy Director Phone: 3828