Bangladesh Bank on Thursday (Jul 29) re-fixed the duration of interbank transactions during the ongoing lockdown in the country.
The presentment of the cut off time for high value clearing through the Bangladesh Automated Clearing House (BACH) will be 12 p.m. while the return cut off time will be 1.30 p.m., as per a central bank circular.
The presentment cut off time for regular value clearing is 12.30 p.m. while the return cut off time is 3 p.m., it added.
However, the existing time of BEFTN will remain unchanged.
As per the circular, the Real Time Gross Settlement (RTGS) will be 10 a.m. to 2.30 p.m., but the interbank transactions for custom related tax, fee and charge will be 10 a.m. to 3.30 p.m.
