FEPD Circular No. 09: Screening of underlying import shipments through vessel/container tracking

Foreign Exchange Policy Department Bangladesh Bank Head Office Dhaka www.bb.org.bd FE Circular No. 09 Date: May 17, 2022 All Authorized Dealers in Foreign Exchange in Bangladesh Dear Sirs, Screening of underlying import shipments through vessel/container tracking Please refer to paragraph 19(i), chapter 7 of the Guidelines for Foreign Exchange Transactions-2018, Vol-1 (GFET) regarding import payments. You are also aware that screening of underlying export shipments through vessel/container tracking system recognized by competent authority has been made mandatory through FE Circular No.07, dated April 20, 2022. 02. It has now been decided that to ensure onboard of import of goods Authorized Dealers (ADs) shall conduct the tracking of shipments for relevant import transactions. Please bring the above instructions, effective immediately, to the notice of your constituents concerned. Other relevant instructions regarding trade transactions shall remain unchanged. Yours faithfully, (Kazi Rafiqul Hassan) General Manager Phone: 9530123