FEPD Circular No. 51: Extension of usance period against imports of industrial raw materials

Foreign Exchange Policy Department Bangladesh Bank Head Office Dhaka www.bb.org.bd FE Circular No. 51 Date: December 29, 2025 All Authorized Dealers in Foreign Exchange in Bangladesh Dear Sirs, Extension of usance period against imports of industrial raw materials Attention of Authorized Dealers (ADs) is invited to FE Circular No. 08 dated January 20, 2025 and FE Circular Letter No. 27 dated August 18, 2025, in terms of which import of industrial raw materials, including back-to-back imports, as well as imports of agricultural implements and chemical fertilizers under suppliers’/buyers’ credit, has been permitted for a usance period of up to 360 days, extended from 180 days, until December 31, 2025. 02. With a view to facilitating import transactions, it has been decided that the above￾mentioned items shall be importable for a usance period of up to 270 days or the cash conversion cycle, whichever is earlier. 03. Before allowing usance facilities, ADs shall ensure that the estimated cash conversion cycle reflects a realistic position, based on the customer’s historical operating and transaction trends. In the case of back-to-back letters of credit, the usance period shall be determined in line with the statutory export proceeds repatriation period. As usual, the extended usance facility shall not be applicable to imports financed under Export Development Fund (EDF). Please bring the contents of this circular to the notice of relevant clientele.

Yours faithfully, (Md. Harun-Ar-Rashid) Director (FEPD) Phone: 9530123