Regulatory Alerts2014-05-15
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PSD Circular No. 03: Regarding Regulations on Electronic Fund Transfer Network 2014
The Bangladesh Bank approved the Regulations on Electronic Fund Transfer Network 2014 on April 22, 2014, under the Banking Company Act, 1991. These regulations are effective immediately and must be complied with by all scheduled banks operating in Bangladesh. The circular instructs banks to download the regulations from the Bangladesh Bank website and adhere to them for the development, control, security, and efficiency of the country's payment systems.
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