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Global Trade Alert

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Bangladesh: Reduction in Cash Margin Requirements for Vehicle Imports

Description

On 2 January 2025, Bangladesh Bank through BRPD Circular Letter No. 1 reduced cash margin requirements for opening Letters of Credit (LCs) for importing vehicles, effective from 1 February 2025. The c...

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Intervention Details

Intervention Type

Trade payment measure

MAST Chapter

G: Finance measures

Implementation date

01 Feb 2025

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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Threads

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