Frequently Asked Questions (FAQs)
Question and Answer


Q. Is advance remittance (popularly known as TT) against import allowable?


Answer:

Yes. Up to USD 5000 (USD 25,000 from ERQ) for any permissible item without any bank guarantee. Higher amount requires repayment guarantee acceptable to the AD from a bank abroad or prior permission from BB.


Reference/ Related Link

FEPD Circular No 4 Dated 2014
FE Circular 5, 2017
Para 27, Ch 7. GFET.
Para 29(iii), Chapter 13, GFET



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