Regulatory Alerts2021-03-24
Added
Relaxation of foreign exchange regulations for trade transactions - extended facilities
The policy supports previously extended until March 31, 2021 are continued until June 30, 2021 for authorized dealers in foreign exchange in Bangladesh. This extension covers advance payments up to USD 500,000 for coronavirus-related imports, and extends the usance period for industrial input imports and agricultural imports from 180 days to 360 days. Additionally, separate permission to extend the validity of LCAF is no longer required for allowable additional time in the settlement of import payments.
Topics
fx
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