Rule · BB · 31 Mar 2022
Bangladesh Bank has revised the operating hours for Bangladesh Automated Clearing House (BACH) and Real Time Gross Settlement (RTGS) for all scheduled banks and Bangladesh Samabay Bank Ltd. during the Holy Month of Ramadan of Hijri 1443 (2022 AD). For BACPS, High Value Clearing presentment cut-off is 11:30 AM and return cut-off is 1:30 PM, while Regular Value Clearing presentment cut-off is 12:00 PM and return cut-off is 3:00 PM. RTGS transactions will operate from 9:30 AM to 2:30 PM, with specific windows for Customs Duty E-Payment, Interbank Fund Transfer, and Returns Transactions extending until 4:00 PM. These revised schedules will revert to their pre-Ramadan state after the month concludes.
Payment Systems Department
Bangladesh Bank
(Central Bank of Bangladesh)
Head Office, Dhaka-1000
Bangladesh.
PSD Circular Letter No. 02 Date:
Managing Director/Chief Executive Officer
All Scheduled Banks operating in Bangladesh/Bangladesh Samabay Bank Ltd.
Dear Sir,
Subject: Determination of BACH and RTGS schedules for the Holy Month of Ramadan of Hijri 1443 (2022 AD). During the Holy Month of Ramadan of Hijri 1443, on working days other than weekly and public holidays, the activities of Bangladesh Automated Clearing House BACH (BACPS & BEFTN) and Real Time Gross Settlement (RTGS) will be conducted according to the following schedule.
1) Bangladesh Automated Clearing House (BACH) Transactions:
a) BACPS High Value Clearing - Presentment Cut off Time - 11:30 AM, Return Cut off Time - 1:30 PM and Regular Value Clearing - Presentment Cut off Time - 12:00 PM, Return Cut off Time - 3:00 PM b) On the aforementioned days, two BEFTN sessions will remain active according to the previous schedule.
2) Real Time Gross Settlement (RTGS) Transactions:
a) All transactions 9:30 AM to 2:30 PM b) Customs Duty E-Payment (Pacs.008 with TTC 41), Interbank Fund Transfer (Pacs.009) & Returns Transaction (Pacs.004) 2:30 PM to 3:30 PM c) Interbank Fund Transfer (Pacs.009) & Return Transaction (Pacs.004) 3:30 PM to 4:00 PM
3) After the Holy Month of Ramadan, the BACH and RTGS schedules will revert to their pre-Ramadan state.
Yours faithfully,
(Md. Mezbaul Haque)
General Manager
Phone: 02-9530174
17 Chaitra 1428
31 March 2022
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