Regulatory Alerts2026-05-10
DCM Circular Letter No. 01/2026: Provision of Note Verification and Counting Services by Scheduled Bank Officials at Qurbani Haats in 2026 to Prevent Counterfeit Notes
Bangladesh Bank's Department of Currency Management mandates all scheduled banks to establish counterfeit note detection and counting booths at approved Qurbani Haats across Bangladesh for Eid-ul-Azha 2026 to prevent fake currency circulation. The directive requires banks to deploy experienced cash officers, submit coordinator details by 17 May 2026, and ensure booths operate continuously from Haat opening until the night before Eid, with Sonali Bank PLC coordinating assignments in districts lacking Bangladesh Bank offices. Additionally, banks must impound detected counterfeit notes per Treasury Rules, display security feature videos at branches, and submit an implementation report within 30 working days post-Eid.
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