Global Trade Alert
Global Trade Alert

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

Announcement

11 May 2022

The Bangladesh Bank has imposed a cash margin requirement for opening letters of credit for imports of non-essential goods.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 Apr 2022

Revocation date:

10 May 2022

Announced: 11 May 2022
Trade payment measure
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...
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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

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