Exporters' Retention Quota Account
Service exporters to get forex retention quota facility
The central bank has instructed banks to provide exporters' retention quota (ERQ) account services to service exporters to help them carry out international transactions.
Banks asked to encash 50% of balance of exporters’ retention quota
Bangladesh Bank has asked banks to encash 50 per cent of the balance held in exporters’ retention quota (ERQ) accounts immediately and revised downwards the limit.
February 5, 2023
Service exporters to get forex retention quota facility
The central bank has instructed banks to provide exporters' retention quota (ERQ) account services to service exporters to help them carry out international transactions.
July 14, 2022
Banks asked to encash 50% of balance of exporters’ retention quota
Bangladesh Bank has asked banks to encash 50 per cent of the balance held in exporters’ retention quota (ERQ) accounts immediately and revised downwards the limit.
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