Regulatory Alerts2021-06-10
Added
BRPD Circular No. 11: Master Circular on Schedule of Charges
Bangladesh Bank consolidates previous directives into a master circular establishing maximum fees and charges for scheduled banks. The circular sets specific caps on account opening deposits, maintenance fees based on average balances, loan processing fees with tiered percentages and absolute limits, and trade finance commissions. It prohibits various incidental charges, mandates the public display of the updated schedule of charges, and requires banks to submit revised fee lists to the central bank semi-annually.
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