Regulatory Alerts2016-03-30
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FEPD Circular Letter No. 10: Regarding Raw Jute Export Against LCs Issued Before 03/11/2015
The Foreign Exchange Policy Department directs all approved dealer banks to implement necessary measures for raw jute exports against letters of credit issued before November 3, 2015, in accordance with a memorandum from the Ministry of Textiles and Jute dated March 8, 2016.
Foreign Exchange Policy Department Bangladesh Bank Head Office Dhaka. Ref No: FEPD(Circular) - 10 Circular Letter No: FEPD(Export Policy) 220/2016-10 Date: March 29, 2016 AD 15 Chaitra, 1422 Bangabda
To, The Chief Executive/Principal Office of all Approved Dealer Banks engaged in Foreign Exchange Transactions.
Dear Sir,
Subject: Regarding Raw Jute Export Against LCs Issued Before 03/11/2015.
In this regard, a memorandum from the Ministry of Textiles and Jute, Government of the People's Republic of Bangladesh, dated March 8, 2016, Ref No: 24.00.0000.119.18.063.12/141 (with annexure), is attached herewith for necessary action.
Yours faithfully,
Annexure: As per text
(Md. Zakir Hossain, C. Durie) Deputy General Manager Phone: 9530250
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