Monday, 24 January, 2022
E-paper

Banks asked to use Fx Dashboard

  • Staff Correspondent
  • 27 December, 2021 12:00 AM
  • Print news

Bangladesh Bank directed the commercial banks to report the shipping information through Fx Dashboard, an online system for monitoring and management of foreign exchange transactions.

The Fx Dashboard includes two separate modules - Online Export Monitoring System (OEMS) and Online Import Monitoring System (OIMS) - for proper management and monitoring of export and import related information and transactions.

“Both modules have been integrated with the ASYCUDA world system of Bangladesh customs over time and relevant data exchange automatically,” read a Bangladesh Bank letter on Sunday.

 To bring conformity in online systems of both organisations, it has been decided that the shipping information which are available in online system of Bangladesh Customs shall be treated as final for reporting in OEMS and OIMS.

The authorised dealers shall check authenticity of the shipping information from online system of Bangladesh Customs before sending any correction request, if necessary, to Bangladesh Bank, read the letter.