Regulatory Alerts2011-12-14
Added · Updated
DCMPS Circular No. 10: Guidelines on Mobile Financial Services for the Banks
The Department of Currency Management and Payment Systems sets a daily maximum transaction limit of $10,000 and a monthly maximum limit of $25,000 for mobile account holders using C2C services. These limits apply to any number of transactions and supersede previous guidelines issued via DCMPS Circular No. 08 dated 22/09/2011. The directive applies to all scheduled banks operating in Bangladesh.
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