Regulatory Alerts2019-12-08
Added · Updated
PSD Circular No. 08: Amendment of PSD Circular No. 04/2017
This circular amends Section 2.2.1 of PSD Circular No. 04/2017 to permit all member banks and financial institutions of bKash in Bangladesh to operate and complete transactions via other Bangladesh Digital Financial Services (BDFS) providers alongside bKash, provided they ensure system security and do not issue local transaction reversals based on the Customer's Request (CR). All other provisions of PSD Circular No. 04/2017 remain unchanged. The directive takes immediate effect.
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