2012-04-25

Added · Updated

FEPD Circular No. 05: Modification of Schedule E-5/P-5 and Schedule A-3/O-3 under Bangladesh-Myanmar Border Trade Arrangement

Amended Schedules A-3/O-3 and E-5/P-5, along with a separate summary statement S-1, must be submitted to the Bangladesh Bank Chittagong Office and the head offices of respective authorized dealer banks. Authorized dealers are required to match customs information from the Teknaf, Cox’s Bazar station with foreign demand drafts and encashment certificates before completing the schedules. Statement S-1 must be titled for transactions in all currencies excluding ACU Dollar and ACU Euro under the border trade arrangement, with Schedule A-1/O-1 replaced by A-3/O-3 and E-2/P-2 by E-5/P-5. These instructions apply to the reporting month of April 30, 2012.

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“Translated into English” Foreign Exchange Policy Department Bangladesh Bank Head Office Dhaka. Web site: www.bb.org.bd FE Circular No. 05 Date: April 25, 2012 All Authorized Dealers of Foreign Exchange in Bangladesh Dear Sirs, Amendment of import reporting schedule E-5/P-5 and export reporting schedule A-3/O-3 for border trade arrangement between Bangladesh and Myanmar Please refer to paragraph 8(a) and 8(e) of the Guidelin es for Foreign Exchan ge Transactions-2009, Vol. II regarding reporting of import and export tran sactions under border trade arrangement between Bangladesh and Myanmar. 02. In order to consolidate the transactio ns under border trade between Bangladesh and Myanmar with the entire transactions of import and export of the country, necessary amendments in the context of quantity, country, comm odity and category in Schedule A-3/O-3 and Schedule E-5/P-5 (copy enclosed) have been effected. 03. Amended Schedule A-3/O-3 and Schedul e E-5/P-5 with a separate summary statement S-1 are required to be subm itted to Bangladesh Bank, Chittagong Office. Another two sets (one for Statistics Departm ent of Bangladesh Bank, head office) of the sam e statements/schedules are required to be subm itted to the h ead office of respective authorized dealer banks. Before completion of the schedules, authorized dealers shall match information of Customs, Excise and VAT, Custom s Station, Te knaf, Cox’s bazar rece ived in the reporting month with the foreign demand drafts and encashment certificates issued by them. 04. While on reporting, statement S-1 shall be titled as “FOR TRANSACTIONS IN ALL CURRENCIES (EXCLUDING ACU DOLLAR AND ACU EURO) UNDER BORDER TRADE ARRANGEMENT BETWEEN BANGLADESH AND MYANMAR" and the nam e of schedule A-1/O-1 shall be replaced by A-3/O-3; and E-2/P-2 by E-5/P-5. 05. The instructions as stated above will be app licable for reporting m onth of April 30, 2012. Please confirm receipt and bring the matter to the notice of all concerned. Yours faithfully,

Sd/- (Mohammad Golam Haider) Deputy General Manager Phone: 7120375 Encl. 1. Amended Schedule A-3/O-3 2. Amended Schedule E-5/P-5

See Chapter 2 Para 7 APP. 15 SCHEDULE A-3/O-3 RECEIPTS UNDER BANGLADESH MYANMAR BORDER TRADE ARRANGEMENT Period _________________________________________________________________ Name of Authorized Dealer______________________________ Country______________________________________________ Currency_________________________________________________________ Sl. No. Encashm ent Certificat e No. QUANTITY AMOUNT COMMODITY CODE NUMBER Un it Unit Cod e Volu me Cr. Lac Th. Uni t

TOTAL Signature: Date : ............................. Office Seal Stamp with name, designation & phone no.

See Chapter 2 Para 7 APP. 20 SCHEDULE E‐5/P‐5 PAYMENTS UNDER BANGLADESHMYANMAR BORDER TRADE ARRANGEMENT Period _________________________________________________________________ Name of Authorized Dealer______________________________ Country______________________________________________ Currency_____________________________________________________________ Sl. No Draft No. and Date QUANTITY AMOUNT CODE NUMBER Unit Unit Code Volume Cr. Lac Th. Unit Commodity Category

TOTAL Signature: Date : ............................. Office Seal Stamp with name, designation & phone no.

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