Regulatory Alerts2025-04-20
Added
FEPD Circular No. 14: Remittance against import transactions
Authorized Dealers in Foreign Exchange in Bangladesh may now consider discrepant import bills waived by importers under reasonable grounds as eligible for payments, provided the waivers do not result in material changes as outlined in paragraph 31(c), chapter 7 of GFET. Additionally, Authorized Dealers must conduct due diligence before issuing shipping guarantees, airway releases, or delivery orders against copy documents received directly by importers to ensure no discrepancies arise on original documents. These measures modify paragraph 26, chapter 7 of the Guidelines for Foreign Exchange Transactions (GFET)-2018, Vol-1.
Topics
fx
Share