Regulatory Alerts2026-07-30
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PSD-1 Circular Letter No. 03: Regarding "Add Money" from Card to MFS Personal Account
The Bangladesh Bank has extended the deadline for Mobile Financial Services Provider Institutions and Scheduled Banks operating in Bangladesh to implement instructions described in serial numbers 02 and 03 of PSD-1 Circular No: 03/2026 (issued on May 19, 2026). The new deadline is December 31, 2026. Failure to ensure implementation by this date will require the cessation of the 'Add Money' facility from cards to MFS accounts starting January 1, 2027. All other instructions of the original circular remain in effect.
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