Interest charges for financing during interim period against input procurements under Export Development Fund (EDF)

FE Circular No. 06

Authorized Dealers (ADs) may charge additional interest to borrowers not exceeding 1% per annum for the period between ‘import payments from sources of ADs’ and ‘receipts of refinancing from EDF’. As usual, ADs will be charged by Bangladesh Bank at 1% per annum against its refinancing from EDF.