RegAlertRule · BB · 29 Mar 2015
FEPD Circular Letter No. 04 : Foreign currency accounts for shipping lines/airlines/freight forwarders handling FOB export and import cargo
Paragraph 03 of F.E. Circular Letter No. 03 is amended to prohibit outward remittances supported by encashment certificates against FOB exports. This prohibition takes effect from July 2015. The instruction applies to all Authorized Dealers of Foreign Exchange in Bangladesh.
Foreign Exchange Policy Department
Bangladesh Bank
Head Office
Dhaka. www.bb.org.bd
F.E. Circular Letter No. 04 Date: March 29, 2015 Head offices/principal offices of all Authorized Dealers of Foreign Exchange in Bangladesh Dear Sirs, Foreign currency accounts for shipping lines/airlines/ freight forwarders handling FOB export and import cargo Please refer to F.E. Circular Letter No.03, dated January 19, 2015.
02. In order to facilitate proper implementation of the FE Circular Letter under reference, it has been
decided to amend paragraph 03 as under:
“Outward remittance supported by encashment certificates against FOB exports shall not be allowed with effect from July, 2015.” Please bring the above instructions to the notice of all your concerned constituents. Yours faithfully, (Md. Abdul Mannan) Deputy General Manager Phone: 9530319
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
Lineage: No known changes
RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.
The links and the sentences they come from (1)
- Amends
“ency accounts for shipping lines/airlines/ freight forwarders handling FOB export and import cargo Please refer to F.E. Circular Letter No.03, dated January 19, 2015. 02. In order to facilitate proper”
More like this from BB
We email you every new BB publication the day it's published.
Source: Bangladesh Bank — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
In RegAlert: added · updated
FX rules change often. Get an email the day any regulator we track changes its foreign-exchange rules.