BB re-fixes interbank transaction duration for 5-7 April
Banking
02 April, 2024, 07:05 pm
Last modified: 02 April, 2024, 07:28 pm
The existing time of BEFTN will remain unchanged
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The Bangladesh Bank (BB) has re-fixed the duration of interbank transactions for 5-7 April.
Despite the government holiday for Eid-ul-Fitr on 5-7 April, 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 today (2 April).
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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