Regulatory Alerts2023-04-17
Added
PSD Circular Letter No. 03: Regarding scheduling of BACH (BACPS & BEFTN) on public holidays preceding Eid-ul-Fitr 2023
The document specifies the operating hours for the Bangladesh Automated Clearing House (BACH) services, including BACPS and BEFTN, on April 19, 20, and 21, 2023, which are public holidays preceding Eid-ul-Fitr 2023. For BACH, the morning session runs from 10:30 AM to 12:00 PM and the afternoon session from 11:00 AM to 1:30 PM. BEFTN sessions on these dates continue according to their previously established schedule.
50119 Bangladesh Bank (Central Bank of Bangladesh) Head Office Motijheel, Dhaka-1000 Bangladesh. Payment Systems Department PSD Circular Letter No. 03 Date: 04 Baisakh 1430 17 April 2023 Managing Director/Chief Executive Officer All Scheduled Banks and Bangladesh Cooperative Bank Limited Dear Sir, Regarding the scheduling of BACH in the context of government holidays preceding Eid-ul-Fitr 2023. In accordance with paragraph 19, 20, and 21 of the Circular Letter No. 11 dated 13 April 2023 from the Department of Offsite Supervision, the operations of the Bangladesh Automated Clearing House (BACH) (BACPS & BEFTN) will be conducted on the government holidays of 19, 20, and 21 April 2023 according to the schedule below:
a) BACH Operating Hours:
- Morning Session: 10:30 AM to 12:00 PM
- Afternoon Session: 11:00 AM to 1:30 PM
b) BEFTN sessions on the relevant dates will remain open according to the previously announced schedule.
Yours faithfully, (Md. Motahar Billah) Director (PSD) Phone: 9530334