Regulatory Alerts2023-06-25
Added
PSD Circular Letter No. 04: Regarding the opening of BACH (BACPS & BEFTN) on 27th & 28th June 2023 public holidays before the upcoming Eid-ul-Adha
The Department of Payment Systems directs all scheduled banks and Bangladesh Cooperative Bank Limited to operate the Bangladesh Automated Clearing House (BACH) on June 27 and 28, 2023, which are public holidays preceding Eid-ul-Adha. BACPS operations will run from 11:00 AM to 1:00 PM on June 27 and from 11:30 AM to 1:30 PM on June 28, while BEFTN sessions will continue according to their usual schedule on those days. Banks are prohibited from accepting checks for branches located outside the designated clearing area during these holiday operations.
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