Regulatory Alerts2014-07-27
Added · Updated
PSD Circular No. 04: Banks' responsibilities to protect Customers' interest in using Automated Teller Machine (ATM) and Point of Sale (POS)
The document mandates that all scheduled banks operating in Bangladesh ensure the operational continuity of ATM and POS networks, maintain adequate cash supply at ATM booths, and display notices at closed or non-functional ATM locations. It requires banks to immediately notify customers if services are suspended due to unavoidable reasons and to implement necessary security measures as outlined in PSD Circular No. 03/2013.
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