Regulatory Alerts2026-05-18
Bangladesh Bank Circular Letter No. 07/2026: Updated Forms for Prizebond Prize Claim and Distorted/Defective Prizebond Value Exchange
Bangladesh Bank issued Circular Letter No. 07/2026 to introduce updated claim forms for Prizebond prize collection and the value exchange of distorted or defective Prizebonds. The directive mandates all scheduled banks, non-banking financial institutions, and insurance companies to adopt these standardized forms to streamline processing, ensure regulatory compliance, and enhance customer service. The updated forms require detailed applicant information, bond specifics, branch MICR codes, and supporting documents to facilitate accurate and efficient prize distribution and defect resolution.
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