Regulatory Alerts2023-05-18
Added
PSD Circular No. 04/2023: Regarding PSP license of ABG Technologies LTD.
The Bangladesh Bank grants a license to ABG Technologies LTD. to operate as a Payment Service Provider (PSP) within the country, subject to the conditions specified in letter PSD/ADSL(ABG)/61/2023-1365 of the Payment Systems Department. This authorization is issued under the powers conferred by Section 7(A)(e) of the Bangladesh Bank Order, 1972, and in accordance with the Bangladesh Payment and Settlement Systems Regulations-2014. The circular notifies all scheduled banks, mobile financial service providers, payment system operators, and payment service providers operating in Bangladesh of this licensing decision.
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Bangladesh Bank (Central Bank of Bangladesh) Head Office Motijheel, Dhaka-1000 Bangladesh. Payment Systems Department
PSD Circular No. 04/2023
Date: 04 Baisakh, 1430 18 May, 2023
Managing Director/Chief Executive All Scheduled Banks, Mobile Financial Service Providers, Payment System Operators, Payment Service Providers operating in Bangladesh
Regarding the granting of license to ABG Technologies Ltd. as a Payment Service Provider (PSP).
Under the powers conferred by Section 7(A)(e) of the Bangladesh Bank Order, 1972, and in accordance with the "Bangladesh Payment and Settlement Systems Regulations-2014" issued by the Bangladesh Bank, a license has been granted to "ABG Technologies Ltd." to operate as a Payment Service Provider (PSP) within the country, subject to the conditions described in letter PSD/ADSL(ABG)/61/2023-1365 of this department.
Yours faithfully,
(Signature)
(Muhammad Badujjaman Dider) Director (PSD) Phone-9530611
Phone: 88-02-9550448, 9554898, IP: 88-02-55665001-6, Fax: 88-02-9530479, www.bb.org.bd