Regulatory Alerts2026-07-22
Added · Updated
FEPD-1 Circular No. 23: Enhancement of Exporter’s Retention Quota (ERQ)
Merchandise exporters of goods with high import content are now permitted to retain 15 percent of the repatriated FOB value in Exporter’s Retention Quota accounts, doubling the previous limit of 7.5 percent. This directive amends paragraph 76 of FE Circular No. 31 dated July 31, 2025, while all other instructions within that paragraph remain unchanged. The updated retention quota applies immediately to all Authorized Dealers in Foreign Exchange in Bangladesh.
Foreign Exchange Policy Department-1 Bangladesh Bank Head Office Dhaka www.bb.org.bd FEPD-1 Circular No. 23 Date: July 22, 2026 All Authorized Dealers in Foreign Exchange in Bangladesh Enhancement of Exporter’s Retention Quota (ERQ) Dear Sirs, Please refer to paragraph 76 (1) of FE Circular No. 31 dated July 31, 2025, in terms of which merchandise exporters of goods having high import content are permitted to retain 7.5 percent of repatriated FOB value in ERQ accounts. 02. It has now been decided that merchandise exporters of goods having high import content may retain 15 percent of repatriated FOB value in ERQ accounts. All other instructions of paragraph 76 of FE Circular No. 31/2025 shall remain unchanged. Please inform the above instructions, effective immediately, to all your concerned constituents. Yours faithfully, (Md. Harun-Ar-Rashid) Director (FEPD-1) Phone: 9530123