Regulatory Alerts2025-06-19
Added
FEPD Circular Letter No. 22: Export under open account credit terms against payment undertaking/payment risk coverage with option of early payment arrangement on non-recourse basis
Authorized Dealers in Bangladesh are permitted to exercise existing authorization for remittances against export claims arising from trade disputes, specifically for exports financed under the early payments framework established by FE Circular No. 25/2020. When effecting these remittances, Authorized Dealers must utilize foreign currency funds available in their ERQ accounts, applying any remainder from Taka accounts if necessary. All other instructions remain unchanged.
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