2022-08-03

Added

FEPD Circular Letter No. 30: Encashment of value added portion of repatriated export proceeds

Authorized Dealers may retain the value added portion of export proceeds in foreign exchange for a maximum period of 15 days to settle other import obligations of the same exporters. If the funds remain unused after 15 days, Authorized Dealers must compulsorily encash them into Taka, although earlier encashment is permitted upon the exporter's request. This directive amends previous instructions by introducing this specific retention window and mandatory conversion requirement.

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