Under this Investment mode we provide Quard to our Deemed Exporter’s Clients for up to 180 days against L/C Issuing Bank authenticated Acceptance Letter (through SWIFT).
Facilities those are allowing under “Quard Against Inland Bill Purchase (QIBP)” must comply the BRPD Circular No. 10 dated 11.07.2012 and other related circulars published by BRPD time to time regarding purchase of Inland Export bills. In order to comply with the above instructions of Bangladesh bank Branches obtain case to case permission from Head office before allowing QIBP investment.