Regulatory Alerts2023-06-20
Added
DCM Circular Letter No. 02: Display of notice regarding exchange of soiled and mutilated notes by the scheduled bank branches
The Department of Currency Management of the Bangladesh Bank directs all scheduled bank branches to immediately display a notice stating that soiled and mutilated notes are accepted at the counter or in a conspicuous location. This directive enforces compliance with Circular No. Issuance No: 23(Policy)/2013-15, following observations that most branches had failed to display the required notice, thereby depriving the public of the exchange service. Banks are instructed to use 20-point colored ink for the notice and to adhere to all other regulations outlined in the referenced circular.
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