Regulatory Alerts2011-04-11
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BRPD Circular No. 04: Bank account for freedom fighters
The circular mandates that freedom fighters may open bank accounts to receive their honorarium by depositing 10 Taka, provided they present their National Identity Card and the Freedom Fighter Honorarium Payment Register. Banks are prohibited from imposing minimum balance requirements or charging any fees or charges on these specific accounts. This directive applies to all government-owned commercial and specialized banks operating in Bangladesh and takes effect immediately.
Banking Regulation and Policy Department Bangladesh Bank Head Office Dhaka. April 11, 2011 BRPD Circular No. - 04 Date: ------------------- Chaitra 28, 1417
Managing Director / Chief Executive Officer All Government-Owned Commercial and Specialized Banks Operating in Bangladesh
Dear Sir,
Regarding opening bank accounts for freedom fighters.
It has been decided in this regard that freedom fighters shall be allowed to open bank accounts by depositing 10 (ten) Taka against their National Identity Card and 'Freedom Fighter Honorarium Payment Register', with the aim of providing the Freedom Fighter Honorarium through bank accounts. No obligation to maintain a minimum balance shall be imposed on such accounts, and no type of charge/fee shall be collected from these accounts.
In light of the above, you are advised to take necessary measures to ensure the provision of Freedom Fighter Honorarium and banking services for them.
This instruction shall come into force immediately.
Kindly acknowledge receipt.
Yours faithfully, (K. M. Abdul Wadud) General Manager Phone: 7117825
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