2010-08-19

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SD Circular No. 01: Regarding of SBS-2 and SBS-3 Reporting

All Scheduled Banks in Bangladesh must fill and preserve the SBS-2 and SBS-3 Reporting Form at the time of opening new customer accounts, with forms completed by experienced officers. When submitting quarterly SBS-2 and SBS-3 statements, banks must furnish the account-wise codes from these forms. Additionally, all existing accounts must be updated using the attached new coding form within six months from the date of the circular's circulation.

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Bangladesh Bank Head Office Dhaka Statistics Department Statistics Department Circular No.–01/2010 Dated: ୆୦ୟୢ୰ୟ ଴ସ,ଵସଵ଻ ୅୳୥୳ୱ୲ ଵଽ,ଶ଴ଵ଴ Managing Director/ CEO All Scheduled Banks in Bangladesh Dear Sir, Regarding Reporting of SBS-2 and SBS-3 Returns All Scheduled Banks have been reporting SBS-2 and SBS-3 returns to Statistics Department on quarterly basis as per Bangladesh Bank Order 1972, Section No. 36(3). Since these statements play a significant role in formulating financial policy of the country, data therein must be flawless. In order to ensure accurate and error-free reporting of the said returns this department has taken following decisions which must be carried out by all the scheduled banks:

  1. At the time of opening new account for customer, SBS-2 and SBS-3 Reporting Form (enclosed) needs to be filled in and has to be preserved along with account opening form.
  2. The Form must be filled in by the experienced officers regarding "SBS-2 and SBS-3 returns" reporting.
  3. Account wise codes of the forms filled in at the time of account opening must be furnished while reporting SBS-2 and SBS-3 statement on quarterly basis.
  4. All old accounts must be updated as per attached new coding form within six months from the date of circulation of this order. Please acknowledge the receipt. Sincerely yours Sd/- (Md. Abdus Sattar Miah) General Manager Phone: 7120339

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