Dhaka: Bangladesh Bank (BB) has allowed shipments under a Business-to-Business-to-Consumer (B2B2C) framework to expand the country's export channels.
According to Bangladesh Sangbad Sangstha, the central bank issued a circular enabling exporters to sell goods to global consumers through internationally recognized online platforms and marketplaces. This new circular permits Authorized Dealer (AD) banks to facilitate exports where the overseas consignee acts as an intermediary, such as a global platform, marketplace, or third-party warehouse, rather than the final buyer.
To execute exports under this B2B2C framework, exporters are required to provide AD banks with documented proof of their registration on globally recognized online platforms or warehouses. Since traditional sales contracts are typically absent in such structures, exporters may declare the value of shipments based on proforma invoices.
The circular further states that AD banks are allowed to accept shipping documents prepared in the name of the consignee providing warehousing or other facilitating services. In terms of proceeds realization, AD banks may receive export payments through normal banking channels, including those routed via legitimate international payment service operators.
Recognizing that export receipts under platform-based sales may cover multiple shipments, the central bank has relaxed the requirement for one-to-one payment matching. AD banks are now permitted to settle receipts using the First-in, First-out (FIFO) method, allowing earlier shipments to be adjusted first.