2011-02-28

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DCMPS Circular Letter No. 04: Distribution of dividend through EFTN

The Department of Currency Management and Payment Systems of Bangladesh Bank advises all scheduled banks and financial institutions to distribute dividends to shareholders via the Electronic Fund Transfer Network (EFTN). This recommendation follows the launch of the EFTN program on February 28, 2011, which facilitates easy, cost-effective, instant, and secure fund transfers.

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