Regulatory Alerts2025-09-23
Added
FEPD Circular No. 35: Advance payment against imports
The limits for advance payments against imports are increased to USD 20,000 for payments made without a repayment guarantee and to USD 50,000 for payments from Exporters’ Retention Quota accounts. These revised thresholds replace the previous limits of USD 10,000 and USD 25,000 respectively, as established in prior Foreign Exchange Circulars. Authorized Dealers in foreign exchange in Bangladesh are required to notify their constituents of these enhancements.
Foreign Exchange Policy Department Bangladesh Bank Head Office Dhaka www.bb.org.bd FE Circular No. 35 Date: September 23, 2025 All Authorized Dealers in Foreign exchange in Bangladesh Dear Sirs, Advance payment against imports Please refer to paragraph 27(2) of FE Circular No. 33, dated August 14, 2025, which allows advance payment up to USD 10,000 or equivalent without repayment guarantee. In addition, advance payment up to USD 25,000 is permissible from Exporters’ Retention Quota (ERQ) accounts as per the provision of paragraph 77(4) of FE Circular No. 31, dated July 31, 2025. To further simplify trade transactions, it has been decided to enhance the aforesaid limits to USD 20,000 and USD 50,000 respectively. Other instructions in this regard shall remain unchanged. You are advised to bring the above enhancement to the notice of your constituents. Yours faithfully, (Md. Harun-Ar-Rashid) Director (FEPD) Phone: 9530123