PSD Circular Letter No. 04: Change in BACH and RTGS Transaction Schedule

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Bangladesh Bank (Central Bank of Bangladesh) Head Office Motijheel, Dhaka-1000 Bangladesh.

Payment Systems Department (Division-02)

PSD Circular Letter No. 04

Date: 29 Joishtha 1431 12 June 2024

Managing Director/Chief Executive Officer All Scheduled Banks operating in Bangladesh and Bangladesh Samabay Bank Limited

Dear Sir,

Regarding the determination of the transaction schedule for BACH and RTGS.

Following the DOS Circular Letter No. 17 dated June 9, 2024, it is informed that, effective from June 19, 2024, and until further notice, the operations of the Bangladesh Automated Clearing House (BACH) and Real Time Gross Settlement (RTGS) will be conducted on all working days except weekly holidays and government holidays, according to the schedule detailed below:

1. Transactions of Bangladesh Automated Clearing House (BACH):

a) BACPS High Value Clearing - Presentment Cut off Time- 12:00 PM, - Return Cut off Time- 3:00 PM Regular Value Clearing - Presentment Cut off Time- 12:30 PM, - Return Cut off Time- 5:00 PM

b) On the aforementioned days, the three sessions of BEFTN will remain open according to the previous schedule.

2. Transactions of Real Time Gross Settlement (RTGS):

a) Customer Transactions (Pacs.008) - 10:00 AM to 4:00 PM b) Customs Duty E-Payment (Pacs.008 with TTC 41) - 10:00 AM to 5:00 PM c) Inter-bank Fund Transfer (Pacs.009) and Return (Pacs.004) - 10:00 AM to 5:15 PM

Yours faithfully,

(Signature) (Md. Sharafat Ullah Khan) Director (PSD) Phone: 9530611

Phone: 88-02-9550448, 9554896, IP: 88-02-55665001-6, Fax: 88-02-9530479, Web: www.bb.org.bd