Regulatory Alerts2020-03-23
Added · Updated
FEPD Circular No. 15: Advance Payment against imports of life saving drugs, etc.
Authorized Dealers in Foreign Exchange in Bangladesh may effect advance payments up to USD 500,000 or equivalent without a repayment guarantee for the import of coronavirus-related life-saving drugs, medical kits/equipment, and other essential medical items. This authorization applies to urgent medical imports required for the containment of COVID-19 and supersedes the previous limit of USD 10,000 for such transactions. The circular remains valid until September 30, 2020.
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