DHAKA, Nov 5, 2025 (BSS) - Bangladesh Bank (BB) has implemented a significant policy decision aimed at further facilitating the smooth receipt of small-value export proceeds arising from cross-border e-commerce transactions.

In a move designed to further facilitate the smooth receipt of funds, the central bank has decided that Mobile Financial Service Providers (MFSPs) and Payment Service Providers (PSPs) licensed by Bangladesh Bank are now authorized to handle the repatriation of export proceeds, said a BB circular issued today.

According to the circular, this facilitation applies specifically to the export of goods up to US$ 1,000 or equivalent without the requirement of declaration on EXP Form. 

The central bank has set forth several mandatory conditions for MFSPs and PSPs engaging in this service.

Firstly, MFSPs and PSPs shall comply with the instructions outlined in paragraph 59 of FE Circular No. 31/2025. They are also mandated to conduct due diligence before on boarding any E-Commerce exporters.

The process requires that these providers credit the customers’ accounts upon electronic receipt of the Bill of Export from the exporters.

 The funds utilized for these credits must be drawn from the settlement accounts that the MFSPs and PSPs maintain with nominated Authorized Dealers (ADs).

The nominated ADs are responsible for facilitating the transactions as per the terms of reference established at paragraph 59(2).

The circular concluded by noting that all other relevant instructions regarding export proceeds repatriation shall remain unchanged. The contents of the circular are to be brought to the notice of all relevant constituents.