Regulatory Alerts2014-03-09
Added · Updated
FEOD Circular Letter No. 01: SCB Brokerage Charge 0.50%
The Bangladesh Bank Foreign Exchange Operations Department suspends the implementation of Circular Letter No. 01 dated August 1, 2011, regarding the 0.50% brokerage charge payable to the Shipping Council of Bangladesh. This suspension is effective for a period of six months, in accordance with a stay order issued by the High Court Division of the Supreme Court on November 25, 2013, concerning Writ Petition No. 1875/2012. Approved dealer banks are instructed to inform their respective branches of this directive.
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