Rule · BB · 11 Mar 2026
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.
Foreign Exchange Operation Department-1
Bangladesh Bank
Head Office
Dhaka www.bb.org.bd
FEOD-1 Circular Letter No-01 Date:
All Authorized Dealers in
Foreign Exchange in Bangladesh
Dear Sir,
Regarding Monthly Statement of LC/Contract Opening and Settlement for 26 Essential Commodities Please refer to Para-19A(c), Chapter-2 and related Appendix-37 of the Guidelines for Foreign Exchange Transactions-2018, Vol-2, which required ADs to submit the weekly statement of Commodity-wise (26 Essential Items) LC Opened and Settled (hard copy/soft copy as required by the department) relating to imports to the General Manager, FEOD, Bangladesh Bank, Head Office, Dhaka.
02. For ensuring ease in reporting process it has been decided to discontinue the above
weekly statement, alternatively ADs are advised to submit commodity-wise (26 Items) monthly statement of LC/Contract Opening and Settlement as per attached Format after duly checking of related information in online Import Monitoring System (OIMS). In this context, ADs shall upload this statement in OIMS>Import>Statement> ‘‘Monthly Statement of LC/Contract Opening and Settlement for 26 Essential Commodities”.
Yours Faithfully,
Annex: As described
(Kamal Hossain)
Director (FEOD-1)
Phone: 9530127
11 March 2026
26 Falgun 1432
Appendix-37
Name of the Bank: Month: Year:
Value in thousand US$ & Qnty in M.T.
No.of LCs
Quantity
Value
No.of LCs
Quantity
Value
Raw
Refined
Crude
Refined
Seed
Crude
Refined
Seed
Masur Dal
Chola Dal
Ankor Dal
Mugh Dal
Others
Raw
Refined
Name of the Authorised Official with designation and department :
Phone No (Land):
Cell:
Rice
MONTHLY STATEMENT OF LC/CONTRACT OPENTING AND SETTLEMENT FOR 26 ESSENTIAL COMMODITIES Serial No. Name of the Commodity LCs Opened LCs Settled Onion Wheat Sugar Soyabean Palm Oil Pulses Chola(Seed/Asto)/Cheak peas Yellow peas Baby Food Garlic Ginger Salt Egg Potato Maize Dry Chili Termaric Dates Milk Powder Cassia leaf (Tezpata) Cumin (Zira) Cardamom (Elachi) Cinnamon (Daruchini) Black Pepper (Gol marich) Cloves (Labanga) Coriander (Dhania)
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“and Section 45 (1) (Gha) of Bank Company Act, 1991”
“Please refer to Para-19A(c), Chapter-2 and related Appendix-37 of the Guidelines for Foreign Exchange Transactions-2018, Vol-2”
“This Circular Letter is issued under Section 20 (3) of Foreign Exchange Regulation Act, 1947”
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