Global Trade Alert
Global Trade Alert

Bangladesh: Enhanced advance payment against imports of medical items in response to the COVID-19 pandemic

Announcement

23 Mar 2020

The Central Bank of Bangladesh has temporarily enhanced the advance payment limit for imports of COVID-19 related products.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

0 in force

Implementation date

23 Mar 2020

Revocation date:

30 Jun 2021

Controls on commercial transactions and investment instruments

On 23 March 2020, the Foreign Exchange Policy Department of the Bangladesh Bank notified through FE Circular No. 15 that the limit for advance payment by Authorized Dealer (AD) banks has been enhanced...

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