Dhaka, Oct. 15 -- Bangladesh Bank (BB) has taken a decision to introduce a new mandatory reporting requirement within its existing Online Import Monitoring System (OIMS) to further ease the import trade process.

To this end, the central bank on Wednesday issued a circular, announcing the introduction of a new reporting feature, a tab titled 'Commercial Invoice,' within the OIMS.

This measure, decided upon for the further facilitation of the import trade process, will require Authorized Dealers (ADs) to report detailed information, reports BSS.

The new requirement will become effective from November 1, 2025. This directive is issued under the authority granted by Section 20 (3) of the Foreign Exchange Regulation Act, 1947, and Section 4...