Regulatory Alerts2022-05-10
Added · Updated
PSD Circular No. 08: Inclusion of NBFI's in BD-RTGS System
The document mandates that all scheduled banks and financial institutions in Bangladesh must include their institutional transactions (Pacs.009) in the Bangladesh Real Time Gross Settlement (BD-RTGS) system, while prohibiting customer transactions (Pacs.008) at this stage. Institutions are instructed to take necessary measures to commence RTGS transactions starting June 1, 2022, following the mandatory use of the EDSMoney platform for interbank money market dealing.
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