Regular banking hours from tomorrow
Besides, the stock market will also operate as per its normal schedule (10am-2.30pm)
All banks will run their operations as per their regular timing (10am to 6pm) from tomorrow (31 July).
Transactions will take place from 10am to 4pm from tomorrow, according to a circular issued by the Bangladesh Bank.
Besides, the stock market will also operate as per its normal schedule (10am-2.30pm).
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Banking operations were completely suspended for a three-day period owing to public holidays last week. Once curfew restrictions were relaxed, banks reopened with limited services for five consecutive working days this week.
At least 150 people have been killed in quota reform protests, according to Home Minister Asaduzzaman Kamal.
Cenbank re-fixes interbank transactions duration from tomorrow
The Bangladesh Bank (BB) has re-fixed the duration of interbank transactions with effect from tomorrow.
From now on, high-value clearing cheques presentment cut-off time will be 12pm while the return cut-off time will be 3pm, as per a central bank notification issued today.
The return value clearing cheques presentment cut-off time will be 12:30pm while the return cut-off time will be 5pm.
Transaction of both sessions through BEFTN will be in the existing schedule.
Transactions using the central bank's Real Time Gross Settlement (RTGS) system will continue from 10am to 4pm.
However, the payment of customs duties can be done until 5pm while interbank fund transfer and return until 5.15pm.
