Rule · BB · 27 Mar 2025

FEPD Circular Letter No. 14: Submission of LC documents against import through Land Ports

Authorized Dealers in Bangladesh are no longer required to send copies of Letters of Credit and subsequent amendments to the land port authority. This exemption applies because an online reporting platform linked with the customs authority is now in place. Consequently, paragraph 21(b) of chapter 7 of the Guidelines for Foreign Exchange Transactions-2018, Vol.-1 is revoked, while other relevant instructions remain unchanged.

BangladeshBangladesh Bank

Foreign Exchange Policy Department
Bangladesh Bank
Head Office
Dhaka www.bb.org.bd
FE Circular Letter No.14 Date: March 27, 2025 Head offices/principal offices of all Authorized Dealers in Bangladesh Dear Sirs, Submission of LC documents against import through Land Ports Please refer to paragraph 21(b), chapter 7 of the Guidelines for Foreign Exchange Transactions-2018, Vol.-1 in terms of which Authorized Dealers(ADs) are required to send copies of LC and subsequent amendment(s) if any, including other relevant information to the land port authority.
02. Given the online reporting platform linked with customs authority, it has been
decided that ADs are no longer required to comply with the instructions as per paragraph 21(b),
chapter 7 of GFET. Accordingly, the paragraph shall stand revoked.
Other relevant instructions shall remain unchanged. Please bring the above revocation to the notice of your constituents. Yours faithfully,

(Md. Harun-Ar-Rashid)
Director (FEPD)
Phone: 9530123

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Amends

FEPD Guideline of 2018Not in RegAlert
“Given the online reporting platform linked with customs authority, it has been decided that ADs are no longer required to comply with the instructions as per paragraph 21(b), chapter 7 of GFET. Accordingly, the paragraph shall stand revoke…”