Regulatory Alerts2026-01-05
Added
PSSD Circular No. 01: Regarding Submission of Trust and Settlement Account (TSA) and E-money/Merchant Payable Data
The Payment Systems Supervision Department of Bangladesh Bank mandates licensed and approved Mobile Financial Service (MFS), Payment Service Provider (PSP), Payment System Operator (PSO), and utility service providers to submit monthly Trust and Settlement Account (TSA) status, investment details, trust fund in transit, and e-money/merchant payable data. Submissions must be made using the specified Excel template by the 10th of the following month. Providing false information constitutes a court-punishable offense under Section 37(3) of the Payment and Settlement Systems Act, 2024, and is subject to fines under Section 41 of the same Act.
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