BB doubles advance payment limits against imports to simplify transactions | News

DHAKA, Sept 23, 2025 (BSS) - Bangladesh Bank (BB) has doubled the limits for advance payments against imports in a move to further simplify trade transactions. "To further simplify trade transactions, it has been decided to enhance the aforesaid limits to US$20,000 and US$50,000 respectively," said a BB circular issued today. Previously, BB allowed advance payment up to $10,000 or equivalent without a repayment guarantee. In addition, an advance payment of up...