The Bangladesh Bank (BB) has taken a major policy step to expand the country's export channels by allowing shipments under a Business-to-Business-to-Consumer (B2B2C) framework, officials said.
To facilitate exports from Bangladesh, the central bank has decided that authorised dealer (AD) banks may allow their exporter-customers to execute exports under the B2B2C framework for sales to ultimate buyers through globally recognised online platforms or marketplaces, according to a notification issued on Monday.
Under the notification, AD banks may now facilitate exports from Bangladesh where the overseas consignee is not the final buyer but acts as an intermediary, such as a global platform, marketplace, or third-party warehouse.
To execute exports under this framework, exporters must provide AD banks with documented proof of their registration on globally recognised online platforms or warehouses, officials said.
As traditional sales contracts are typically absent in B2B2C structures, exporters may declare the value of shipments based on proforma invoices. Officials added 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 realisation, AD banks may receive export payments through normal banking channels, including payments routed via legitimate international payment service operators, officials said.
"Since export receipts under platform-based sales may cover multiple shipments, the central bank has relaxed the requirement for one-to-one payment matching," a BB senior official told The Financial Express while responding to a query.
The official also said AD banks may settle receipts using the First-in, First-out (FIFO) method, allowing earlier shipments to be adjusted first.
Industry insiders said the move will ease cross-border e-commerce, strengthen Bangladesh's presence in global marketplaces, and widen market access for small and medium exporters.
They added that the new framework will also help diversify exports by better integrating Bangladeshi products into global digital retail channels.
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