Banks asked to keep all branches in commercial areas open

Staff Correspondent | Published: 21:28, Apr 23,2020


The Bangladesh Bank on Thursday increased the transaction hours to four hours for the bank branches which are located in the country’s major commercial areas with a view to reducing the congestion of goods in the Chattogram Port.

All the scheduled bank branches located in the commercial areas will have to remain open on every working day from April 26 until further notice, said the central bank.

As per a BB circular issued on the day, the banks were asked to keep branches located in the Dhaka city’s Motijheel and Dilkusha, and in the port city’s Khatunganj and Agrabad open to give transaction services from 10:00am to 2:00pm on each working day.

The increased banking hours would facilitate quick disposal of goods from the port, BB officials said.

Therefore, bank branches in the areas will remain open from 10:00am to 3.30pm during the coronavirus-induced general holidays which were extended by the government to May 5. The general holidays began on March 29.

On April 16, the central bank set the banking hours from 10:00am to 1:00pm during the general holidays declared by the government to contain the spread of deadly coronavirus.

During the general holidays, banks will provide services – deposit and withdrawal through cash or cheque, DD or pay order and treasury challan.

Banks will also ensure other transaction facilities under the payment system or clearing arrangement of the BB.

In a separate circular, the central bank on the day asked banks to facilitate encashment of NRB bonds along with payment of the coupon value to the customers.

NRB bonds include Wage Earners Development Bond, US Dollar Investment Bond and US Dollar Premium Bond.

Earlier, the BB asked banks to facilitate encashment and coupon value payment against the national savings certificates during the limited-scale banking operators.

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