Global Trade Alert
Global Trade Alert

Back to state act

Bangladesh: Cash margin requirement imposed for opening letters of credit of non-essential goods

Description

On 11 April 2022, the Bangladesh Bank instructed banks to impose a minimum 25% cash margin on the opening of letters of credit (LC) for the imports of non-essential consumer goods. The requirement wil...

Sign in or create a free account to see full description

Intervention Details

Intervention Type

Trade payment measure

MAST Chapter

G: Finance measures

Implementation date

11 Apr 2022

Revocation date

10 May 2022

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

Sign in to access 0 sectors

Affected Products

Sign in to access 0 products

Threads

See all

Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

70619

interventions

194

jurisdictions