Who a bank may import for, the right branch for the job, and the overdue check for a new customer.
A good tailor makes clothes only for customers who come to the shop, give their measurements and can be found again when the clothes are ready. A tailor who takes orders from strangers on the street is asking for trouble.
Import banking is the same. This short lesson answers one question: who can a bank import for?
Four simple rules:
A company moves its import business to Rubel's branch, with a certificate from its old bank: "No Bill of Entry overdue." Rubel doesn't stop there. He checks OIMS, finds everything clear, and saves the result in the file. A certificate is good; a certificate plus your own check is better, and it is what the rule asks for.
ADs must ensure that they deal only with customers having a place of business in Bangladesh and maintaining accounts with them. They shall also be traceable easily should any occasion arise for this purpose. Initiation of import trade and payments for imports into Bangladesh should be made through an AD in the area where the importer is resident (Appendix-2 lists the areas for foreign exchange regulation purposes). In case the importer is a new customer, AD should obtain certificate from the AD through which the applicant imported earlier to the effect that no bill of entry is overdue for submission by the importer. The same should be duly verified by the AD through the OIMS of Bangladesh Bank and recorded accordingly.
Source: Bangladesh Bank, FEPD-1 Circular No. 30, 13 August 2026, Part A, paragraph 9 (page 8). The original circular is the authority.
So far: import only for your own account holders with a place of business in Bangladesh, through an AD in the right area. For a new customer, get the previous bank's "no overdue Bill of Entry" certificate, then check it yourself in OIMS and record it.
Next: how much money may leave the country for an import, and at what exchange rate.
Four quick questions. Nobody sees your answers but you.
A-9: ADs deal only with customers who have a place of business in Bangladesh and maintain accounts with them.
A-9: import trade and payments go through an AD in the area where the importer is resident (Appendix-2 lists the areas).
A-9: for a new customer, the AD obtains a certificate from the previous AD that no bill of entry is overdue.
A-9: the certificate should be verified by the AD through OIMS and recorded.
Anonymous. It only adds one to a count, so we know who the lessons are helping. We never learn who you are.
Brain feeling full? Take a tea break.