Regulatory Alerts2023-11-19
Added
PSD Circular Letter No. 07: Change in BACH (BACPS) Schedule
The document establishes a revised operating schedule for the Bangladesh Automated Clearing House (BACH) for days other than weekly and government holidays, effective from 21 November 2023. The schedule specifies that the BACH session runs from 12:00 PM to 2:30 PM, while the BACPS session runs from 12:30 PM to 4:00 PM. Additionally, the three sessions of the Bangladesh Clearing House (BCH) will continue to operate according to their existing schedule. This directive applies to all scheduled banks and Bangladesh Cooperative Bank Limited operating in Bangladesh.
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