FEPD Circular No. 35: Advance payment against imports

Please refer to paragraph 27(2) of FE Circular No. 33, dated August 14, 2025, which allows advance payment up to USD 10,000 or equivalent without repayment guarantee. In addition, advance payment up to USD 25,000 is permissible from Exporters’ Retention Quota (ERQ) accounts as per the provision of paragraph 77(4) of FE Circular No. 31, dated July 31, 2025.

To further simplify trade transactions, it has been decided to enhance the aforesaid limits to USD 20,000 and USD 50,000 respectively.

Other instructions in this regard shall remain unchanged. You are advised to bring the above enhancement to the notice of your constituents.