Regulatory Alerts2017-11-28
Added · Updated
DMD Circular No. 03: Prizebond reward distribution
The central bank decentralizes the payment of prizebond reward amounts by processing them through all its offices to ensure quick and easy crediting to winners' bank accounts. Scheduled banks are advised to instruct their branches to forward prizebond claim documents to the relevant Bangladesh Bank office in the respective area.
Bangladesh Bank
Circular No.: DMD.03.00.0000.251.03.2017 Chief Executive P.O. Box No. 325 Dhaka. Data Management Department Circular No.: DMD/2017-03 Date: 28/11/2017 Managing Director / Chief Executive Scheduled Banks
Dear Sir,
Regarding the payment of prizebond reward amounts.
With reference to the subject cited above, it is informed that the prizebond reward payment system has been decentralized among all offices of Bangladesh Bank with the aim of providing the claimed reward amounts to prizebond winners quickly and easily into their bank accounts. That is, the prizebond reward amounts will be paid through all offices of Bangladesh Bank. In this context, all scheduled banks are advised to instruct their branches to forward the prizebond claim documents received from prizebond winners to the relevant Bangladesh Bank office in the respective area.
Yours faithfully,
(Parimal Chandra Chakraborty) General Manager Phone-9530131
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