Regulatory Alerts2021-06-17
Added
PSD Circular Letter No. 07: Continuation of Uninterrupted Banking and Payment Services in Response to COVID-19
The Payment Systems Department of Bangladesh Bank extends the operating hours for specific payment platforms to ensure uninterrupted banking and payment services during the COVID-19 pandemic. For Interbank Mobile Financial Service (IMFS) transactions, the operating hours are extended to 12:00 PM and 2:30 PM for the first session, and 12:30 PM and 4:00 PM for the second session. Additionally, the operating hours for Joint Electronic Clearing House (JECH) transactions are set from 10:00 AM to 3:30 PM. These timeframes remain in effect until further notice.
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