PSD Circular Letter No. 07: Continuation of Uninterrupted Banking and Payment Services in Response to COVID-19

Payment Systems Department
Bangladesh Bank
Head Office, Dhaka.
PSD Circular Letter No. 07/2021 Dated: 17 June 2021

Managing Director/Chief Executive Officer All Scheduled Banks Head Office

Dear Sir,

Regarding the continuation of uninterrupted banking and payment services in the context of the situation arising from COVID-19.

In continuation of the DOS Circular Letter No. 25 dated 16-06-2021 issued by the Department of Offsite Supervision (DOS) and the PSD Circular Letter No. 06/2021 dated 30-05-2021 of this department, the operating hours for payment platforms to provide special banking services on a daily basis are determined as follows:

(1) Transactions through Interbank Mobile Financial Service (IMFS):
a) Operating hours for IMFS transactions:
First Session: 12:00 PM
Second Session: 2:30 PM
First Session: 12:30 PM
Second Session: 4:00 PM b) The two sessions of IMFS on appropriate days will remain open according to the previously announced schedule.

(2) Transactions through Joint Electronic Clearing House (JECH):
From 10:00 AM to 3:30 PM.

This timeframe will remain in effect until further instructions are issued.

Yours faithfully,

(Mohammad Badujjaman Dider)
Deputy General Manager
Phone: 9530611