Rule · BB · 11 Mar 2026

Monthly Statement of LC and Contract Opening and Settlement for 26 Essential Commodities

Bangladesh Bank’s Foreign Exchange Operation Department-1 has discontinued the weekly reporting requirement for authorized dealers regarding 26 essential commodities. Authorized dealers must now submit a monthly statement of letter of credit and contract openings and settlements through the Online Import Monitoring System. This updated reporting framework, effective from 1 April 2026, streamlines compliance while maintaining oversight of critical import transactions.

BangladeshBangladesh Bank

Lineage: No known changes

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(Gha) of Bank Company Act, 1991Not in RegAlert(Gha) of Bank Company Act, 1991 — Not in RegAlertFEPD Guideline of 2018Not in RegAlertFEPD Guideline of 2018 — Not in RegAlertForeign Exchange Regulation Act,1947Not in RegAlertForeign Exchange Regulation Act, 1947 — Not in RegAlertMonthly Statement of LC andContract Opening and Settleme…2026-03-11 · this documentMonthly Statement of LC and Contract Opening and Settlement for 26 Essential Commodities (2026-03-11)
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
The links and the sentences they come from (3)
Issued under
  • (Gha) of Bank Company Act, 1991Not in RegAlert

    “and Section 45 (1) (Gha) of Bank Company Act, 1991”

  • FEPD Guideline of 2018Not in RegAlert

    “Please refer to Para-19A(c), Chapter-2 and related Appendix-37 of the Guidelines for Foreign Exchange Transactions-2018, Vol-2”

  • Foreign Exchange Regulation Act, 1947Not in RegAlert

    “This Circular Letter is issued under Section 20 (3) of Foreign Exchange Regulation Act, 1947”

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