Written by The Banking Post
The Bangladesh Bank (BB) has relaxed export rules to support small and online exporters, doubling the ceiling for declaration-free exports and expanding digital payment options for repatriating proceeds.
Under the new directive, exporters can now ship goods worth up to US$1,000—up from $500—without requiring an export declaration (EXP Form). The move aims to simplify cross-border e-commerce and small-value export transactions, enabling more businesses to trade through formal channels.
Officials said the relaxed limit will make it easier for small traders and digital entrepreneurs to receive export payments securely via authorised platforms.
In a separate circular issued the same day, the central bank also expanded its digital repatriation framework. Export proceeds from shipments that don’t require an EXP Form can now be repatriated through Mobile Financial Service Providers (MFSPs) and Payment Service Providers (PSPs) licensed by the central bank.
Previously, these digital platforms were limited to handling payments from IT and service exports. The new rules broaden their scope to include small-value physical goods exports, reflecting the growing role of digital trade in Bangladesh’s economy.
Banks have been instructed to facilitate such transactions in accordance with the updated guidelines.
Industry insiders hailed the move as a major step toward modernising export procedures, saying it will empower micro-exporters, foster digital trade, and help bring more foreign exchange into the formal banking system.
