2024-01-17

Added

Opening L/C and L/C Margin for importing essential consumer goods on the occasion of Holy Ramadan

All scheduled banks operating in Bangladesh are instructed to maintain a minimum cash margin rate for opening import Letters of Credit (L/Cs) for essential consumer goods including edible oil, chickpeas, pulses, peas, onions, spices, sugar, and dates, based on the banker-customer relationship. Banks are also advised to prioritize opening import L/Cs for these items to ensure their supply in the domestic market. These instructions are effective immediately and will remain in force until March 31, 2024.

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