PSD Circular No. 08: Inclusion of NBFI's in BD-RTGS System

50119

Bangladesh Bank
(Central Bank of Bangladesh)
Head Office
Motijheel, Dhaka-1000
Bangladesh

Payment Systems Department

26 Boishakh, 1429
PSD Circular No.-08/2022 Date: ------------------- 09 May, 2022

Managing Director/Chief Executive Officer, All Scheduled Banks and Financial Institutions operating in Bangladesh.

Dear Sir,

Regarding the inclusion of Financial Institutions in the BD-RTGS System.

You are aware that all interbank money market dealing activities conducted by all scheduled banks and financial institutions are being mandatorily executed through the EDSMoney platform. With the aim of settling Fund Settlement matters promptly and instantly after conducting dealing through the EDSMoney platform, Financial Institutions have been included in the Bangladesh Real Time Gross Settlement (BD-RTGS) system. However, initially, Financial Institutions can only conduct institutional transactions (Pacs.009); they cannot conduct any customer transactions (Pacs.008). You are hereby instructed to take necessary measures to commence RTGS transactions from June 1, 2022.

Yours faithfully,

(Signature)
(Md. Majbaur Haque)
General Manager
Phone: 02-9530174

Phone: 88-02-9530010-75, 9530700-59, Fax: 88-02-9566212, www.bb.org.bd