Regulatory Alerts2026-05-21
PSD-2 Circular Letter No. 04: Regarding BACH and RTGS Transaction Schedule on 25 and 26 May 2023 Preceding Eid-ul-Adha
Bangladesh Bank's Payment Systems Department-2 issues Circular Letter No. 04 to specify the adjusted operating hours for BACH and RTGS transactions on the government holidays of 25 and 26 May 2023 preceding Eid-ul-Adha. The directive mandates that BACPS High Value Clearing will operate with an 11:30 AM presentment cutoff and 12:30 PM return cutoff, while Regular Value Clearing will run from 12:00 PM to 01:00 PM. BEFTN sessions will maintain their standard schedule, and RTGS will process all domestic and foreign currency transactions between 10:00 AM and 12:45 PM, with international fund transfers and returns extending until 1:00 PM.
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