Regulatory Alerts2022-03-31
Added
PSD Circular Letter No. 02: Time Schedule of Banks (BACH & RTGS) for the Month of Holy Ramadan of Hijri 1443
The document establishes the operating hours for Bangladesh Automated Clearing House (BACH) and Real Time Gross Settlement (RTGS) transactions for all scheduled banks in Bangladesh during the holy month of Ramadan in Hijri 1443 (2022). BACH clearing sessions are adjusted with specific morning and afternoon timings, while RTGS transactions generally operate from 9:30 AM to 2:30 PM, with extended hours for customs duty e-payments, interbank fund transfers, and weekend clearing. Upon the conclusion of Ramadan, the standard time schedules for both systems will resume.
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