FEPD Circular No. 34: Submission of monthly statement of buyer's credit — BB — BD

Foreign Exchange Policy Department
Bangladesh Bank
Head Office
Dhaka www.bb.org.bd
FE Circular No. 34 Date: November 28, 2024
All Authorized Dealers in
Foreign Exchange in Bangladesh
Dear Sirs,
Submission of monthly statements of buyer’s credit Please refer to paragraph 33(e), chapter 7 of the Guidelines for Foreign Exchange Transactions-2018, Vol-1 (GFET) in terms of which Authorized Dealers (ADs) are required to submit monthly statements of buyer’s credit.
02. To rationalize reporting formalities, it has been decided that ADs are no longer
required to submit monthly statements as per aforementioned instructions. However, ADs shall upload related data on Enterprise Data Warehouse (Template: T_ME_M_STED) as usual manner as per the requirements of Statistics Department, Bangladesh Bank. Accordingly, relevant instruction at paragraph 33(e), chapter 7 shall stand amended. You are advised to bring the contents of this circular, effective immediately, to all your AD bank branches and central trade processing centers for compliance. Yours faithfully, (Md. Harun-Ar-Rashid) Director (FEPD) Phone: 9530123

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Amends

FEPD Guideline of 2018Not in RegAlert
“Please refer to paragraph 33(e), chapter 7 of the Guidelines for Foreign Exchange Transactions-2018, Vol-1 (GFET) in terms of which Authorized Dealers (ADs) are required to submit monthly statements of buyer’s credit.”