Regulatory Alerts2013-07-25
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GBCSRD Circular No. 03: Opening of Bank Accounts for Cleaning Staffs of Dhaka North and Dhaka South City Corporation
This circular instructs all government-owned commercial and specialized banks in Bangladesh to facilitate the opening of bank accounts for cleaning staff of the Dhaka North and Dhaka South City Corporations. Banks are required to allow these staff members to open accounts with a minimum deposit of 10 Bangladeshi Taka, without imposing any minimum balance requirements or charging any fees. Transactions may be conducted via vouchers if checkbooks are unavailable, and banks must report weekly, monthly, and quarterly progress on account openings in their respective reports.
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