Bangladesh Bank has re-fixed the duration of interbank transactions for Jun 27-28. Despite government holidays for Eid-ul-Azha on Jun 27-28, 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 the cut off time for high value clearing through the Bangladesh Automated Clearing House (BACH) will be 11 a.m. while the return cut off time will be 1.00 p.m., as per a BB circular issued on Sunday (Jun 25).
The presentment cut off time for regular value clearing is 11:30 a.m. while the return cut off time is 1:30 p.m., it added.
The existing time of BEFTN will remain unchanged.
