Regulatory Alerts2020-09-06
Added · Updated
PSD Circular Letter No. 11: To revise the transaction limit in Internet Banking Fund Transfer(IBFT) through NPSB
The document revises the transaction limits for Internet Banking Fund Transfer (IBFT) through the National Payment Switch Bangladesh (NPSB). Effective from 10 September 2020, the daily transaction ceiling is set at 500,000 BDT with a single transaction limit of 100,000 BDT and a maximum of 10 transactions for individuals, and 1,000,000 BDT with a single transaction limit of 2,000,000 BDT and a maximum of 20 transactions for institutions.
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