PSSD Circular No. 01: Regarding Submission of Trust and Settlement Account (TSA) and E-money/Merchant Payable Data — BB — BD

Payment Systems Supervision Department
Bangladesh Bank
Head Office
Dhaka

PSSD Circular No. 01 Date: -------------------

Managing Director / Chief Executive Officer
All licensed and approved payment system participants (Schedule Banks), Payment System Operators (PSOs), Payment Service Providers (MFS and PSPs), Utility Service Providers, and the Digital Financial Service 'Nagad' of the Post Office Head Office, Dhaka.

Dear Sir,

Re: Submission of data regarding Trust and Settlement Account and E-money/Merchant Payable.

Institutions approved and licensed by Bangladesh Bank operating in the payment system, including MFS, PSP, PSO, and Utility Service Providers, operate Trust and Settlement Accounts with Schedule Banks to conduct their operations. The actual status of the E-money/Merchant Payable of the institutions concerned, along with this account, plays a crucial role in ensuring customer fund security, maintaining the stability of the overall payment system, and building public confidence through proper management and effective supervision. In this regard, it is the responsibility of all concerned stakeholders to ensure the timely provision of accurate data as needed.

In this context, instructions are hereby issued to submit the monthly (daily-based) status of the aforementioned institutions' Trust and Settlement Account, investments made from the Trust and Settlement Account, Trust Fund in Transit, and data regarding E-money/Merchant Payable to this department by the 10th of the following month, strictly in the specified format (template). It is mentioned that providing false information under Section 37(3) of the Payment and Settlement Systems Act, 2024, is a court-punishable offense, and Bangladesh Bank may impose fines under Section 41 of the said Act for the same reason.

These instructions are issued under the powers conferred by Section 18(4) of the Payment and Settlement Systems Act, 2024, and shall come into force immediately.

Enclosure: Excel Template.

Yours faithfully,

(Mohammad Kamrul Islam)
Director (PSSD)
Phone: +880-2-55665001-6/22370
05 January 2026
21 Poush 1432

Lineage: No known changes

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Issued under

Payment and Settlement Systems Act, 2024Not in RegAlert
“These instructions are issued under the powers conferred by Section 18(4) of the Payment and Settlement Systems Act, 2024”