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Banking activities to be limited during general holidays


Banking activities to be limited during general holidays

Bangladesh Bank (BB) has instructed all private and public banks to keep the banking activities in limited form during the general holidays declared by the government from Mar 29 to Apr 2 to facilitate the financial transaction for their clients.

“Banks will remain open from 10 a.m. to 1:30 p.m. during the government-declared general holidays while the transactions will be made between 10 a.m. to 12 p.m.,” said a Bangladesh Bank circular issued on Tuesday (Mar 24).

During the time, banks will keep open required number of online branches for only depositing and withdrawing cash in order to ensure smooth transaction of the people.

As per the circular, non-online bank branches will remain open only for cash deposit and withdrawal.

Authorized Dealer (AD) branches will only remain open for emergency foreign transactions, it added.

BB also asked banks to keep enough money at ATM booths for ensuring ATM and card transaction.

The government has declared a nationwide 10-day holiday shutting down government and private offices excepting essential and healthcare facilities from Mar 26 to Apr 4 over the COVID-19 situation.

Among the holidays, the Mar 26 is a public holiday, Mar 27-28 the weekend, while general holiday was declared for five days from Mar 29, and the weekend of Apr 3-4 would be included into the holiday.

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