Regulatory Alerts2015-04-27
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PSD Circular Letter No. 04: Temporary Reduction of MFS Transaction Limit
The document temporarily reduces the maximum transaction limit for all mobile financial services (MFS) in Bangladesh, including cash-in, cash-out, peer-to-peer, merchant payments, and mobile top-ups, to 1,000 BDT. This restriction applies from the date of receipt of the circular until April 28, 2015. MFS providers are advised to take necessary actions to implement this limit, after which the previous circular (No. 01/2013) will be reinstated.
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