Individual decision · BB · 2 Aug 2023
The Bangladesh Bank has granted a license to DGepay Services Limited to operate as a Payment System Operator under the brand name 'U-BD'. This authorization is issued pursuant to the 'Guidelines for Licensing of Payment System Operators-2014' under Section 7(A)(i) of the Bangladesh Bank Order, 1972. The license is subject to the terms specified in the department's letter PSD/ADCNL(DGepay)/43/2023-2057.
Bangladesh Bank
(Central Bank of Bangladesh)
Head Office
Motijheel, Dhaka-1000
Bangladesh.
PSD Circular No. 08/2023
Date: ------------------
02 August, 2023
To,
Managing Director/Chief Executive All Scheduled Banks, Mobile Financial Service Providers, Payment System Operators, Payment Service Providers
Subject: Regarding the issuance of a license to DGepay Services Limited as a Payment System Operator.
In accordance with the "Guidelines for Licensing of Payment System Operators-2014" issued under the powers conferred by Section 7(A)(i) of the Bangladesh Bank Order, 1972, the Bangladesh Bank has granted a license to "DGepay Services Limited" to operate as a Payment System Operator under the brand name "U-BD" in the country, subject to the terms mentioned in the department's letter PSD/ADCNL(DGepay)/43/2023-2057.
Yours faithfully,
(Md. Motaher Billah)
Director (PSD)
Phone-9530334
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“issued under the powers conferred by Section 7(A)(i) of the Bangladesh Bank Order, 1972”
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Source: Bangladesh Bank — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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