Regulatory Alerts2017-11-16
Added · Updated
FEPD Circular Letter No. 18: Matching of Bill of Entry(ies)/Certified invoice(s)
Authorized Dealers may open new Letters of Credit for importers with unmatched Bills of Entry or Certified Invoices up to USD 200 or equivalent without prior approval from Bangladesh Bank. This allowance applies to import transactions that remained unmatched until 31 October 2017. Authorized Dealers must continue efforts to match these unpaid imports and report completion to the Foreign Exchange Operation Department.
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