5:03 pm, Friday, 17 January 2025

BB resets interbank transaction hours for April 5-7

The Bangladesh Bank has re-fixed the duration of interbank transactions for April 5-7.

Despite the government holiday for Eid-ul-Fitr on April 5-7, branches of the scheduled banks in the readymade garments industrial areas will remain open to facilitate payment of garment workers’ salary, Eid bonus, allowances and export-import activities.

The presentment cut off time for high value clearing through the Bangladesh Automated Clearing House (BACH) will be 10.30am while the return cut off time will be 12.00pm, as per a BB circular issued on Tuesday.

The presentment cut off time for regular value clearing is 11:00am while the return cut off time is 1:30pm, it added.

The existing time of BEFTN will remain unchanged.

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BB resets interbank transaction hours for April 5-7

Update Time : 01:23:28 am, Wednesday, 3 April 2024

The Bangladesh Bank has re-fixed the duration of interbank transactions for April 5-7.

Despite the government holiday for Eid-ul-Fitr on April 5-7, branches of the scheduled banks in the readymade garments industrial areas will remain open to facilitate payment of garment workers’ salary, Eid bonus, allowances and export-import activities.

The presentment cut off time for high value clearing through the Bangladesh Automated Clearing House (BACH) will be 10.30am while the return cut off time will be 12.00pm, as per a BB circular issued on Tuesday.

The presentment cut off time for regular value clearing is 11:00am while the return cut off time is 1:30pm, it added.

The existing time of BEFTN will remain unchanged.