Regulatory Alerts2021-09-28
Added
DCM Circular Letter No. 04: Avoid writing, stamping seal and stapling note packet in new and re-issuable Bank and Currency notes
Scheduled banks in Bangladesh are instructed to strictly refrain from writing, stamping, or stapling on new and re-issuable bank and currency notes, with the exception of 1000 Taka notes. Banks must ensure that note counting packets contain the correct quantity and denominations, and must apply labels or flaps with the branch name, seal, counter signature, and date after banding, rather than marking the notes directly. This directive enforces previous circulars to prevent damage to notes and uphold the Clean Note Policy.
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