DHAKA, Dec 29, 2025 (BSS) - Bangladesh Bank (BB) has issued a new circular revising the usance periods for the import of industrial raw materials and agricultural inputs, aimed at streamlining import transactions. According to a BB circular issued today, the usance period for these imports has been set at up to 270 days or the cash conversion cycle, whichever is earlier. This move follows previous instructions where the usance period—specifically for industrial raw materials, back-to-back imports, agricultural implements, and chemical fertilizers under suppliers’ or buyers’ credit—was permitted for up to 360 days until December 31, 2025. For back-to-back letters of credit, the central bank stipulated that the usance period must be determined in alignment with the statutory export proceeds repatriation period. However, the central bank clarified that this extended usance facility remains inapplicable to imports financed under the Export Development Fund (EDF).

Source: Bangladesh Sangbad Sangstha December 29, 2025 12:10 UTC