Regulatory Alerts2025-03-27
Added
PSD Circular No. 05: Regarding Re-fixation of Mobile Financial Services (MFS) Transaction Limit
The Payment Systems Department of Bangladesh Bank revises transaction limits for Mobile Financial Services (MFS) effective immediately. Daily cash-in limits at agent points increase from 30,000 to 50,000, and daily cash-out limits increase from 25,000 to 30,000. Daily P2P transfer limits rise from 25,000 to 50,000, and account balance inquiry limits increase from 300,000 to 500,000. MFS institutions retain the authority to set lower limits for specific transactions based on risk assessment.
Payment Systems Department Bangladesh Bank Head Office Dhaka
27 March, 2025 Date: ———————— 13 Chaitra, 1431
PSD Circular No: 05
Chief Executive Officer / Managing Director All Mobile Financial Service Providers operating in Bangladesh
Dear Sir,
Regarding Re-fixation of Mobile Financial Services (MFS) Transaction Limit.
- With reference to the above subject, it is informed that the transaction limits for Mobile Financial Services via bank accounts have been re-fixed as follows:
| Services | Basis of Transaction Limit | Number of Transactions | Previous Limit | New Limit |
|---|---|---|---|---|
| Cash In | Agent Point | Daily | Not Applicable | 30,000/- |
| Monthly | 2,00,000/- | |||
| Bank Draft (Bank Account and Card) | Daily | 50,000/- | ||
| Monthly | 3,00,000/- | |||
| Cash Out | Agent Point | Daily | 25,000/- | |
| Monthly | 1,50,000/- | |||
| Bank Draft (Bank Account and Card) | Daily | 50,000/- | ||
| Monthly | 3,00,000/- | |||
| P2P | Daily | 25,000/- | ||
| Monthly | 2,00,000/- | |||
| Account Balance | Not Applicable | 3,00,000/- |
However, MFS institutions may determine lower limits for any transaction in 'x' or risk consideration.
- This directive shall come into force immediately.
Yours faithfully,
(Rafiza Akter Kanta) Director (PSD) Phone: +88-02-55665501-20/21239