Regulatory Alerts2013-10-08
Added · Updated
FEOD Circular Letter No. 02: 0.50% Freight Brokerage Charges Shippers Council of Bangladesh
The Foreign Exchange Operations Department of Bangladesh Bank suspends the operational validity of Circular Letter No. 01 dated August 1, 2011, regarding the 0.50% freight brokerage charge payable to the Shippers Council of Bangladesh. This suspension is implemented for a period of six months in compliance with a stay order issued by the High Court Division of the Supreme Court on June 18, 2013, following Writ Petition No. 1875/2012. Approved dealer banks are instructed to inform their respective branches of this directive.
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