Regulatory Alerts2025-02-06
Added
PSD Circular No. 02: Determination of Fees/Charges for NPSB Transactions and Government Payments
Bangladesh Bank sets maximum service charges for National Payment Switch Bangladesh (NPSB) transactions, including ATM withdrawals (up to 30 BDT), POS, Bangla QR, and E-commerce payments (1.15% Merchant Discount Rate with specified Interchange Reimbursement Fees), and Internet Banking Fund Transfers (10 BDT). For online tax payments and government services, fees are capped at 20-50 BDT for card/internet banking and 1% or 30 BDT for MFS/PSP wallets, with no chargebacks allowed. These directives become effective on February 20, 2025.
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