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of <h1>Increase of invoice threshold for export proceeds realization from US$100,000 to US$1,000,000 allows banks to grant extensions subject to conditions</h1> Permits authorised dealer banks to extend the period for realization of export proceeds by increasing the invoice-value threshold for such extensions from US$100,000 to US$1,000,000; operative effect: authorised dealer banks may grant extensions of time for realization beyond the prescribed period in respect of export invoices up to US$1 million, subject to the existing prescribed terms and conditions and compliance by exporters.
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