Bangladesh Bank has taken a decision to keep open the Bangladesh Automated Clearing House (BACH) in limited scale from today during the ongoing general holidays.
The presentment cut off time for high value clearing is 11 a.m. while the return cut off time is 12 p.m.
For the regular value clearing, the presentment cut off time is 11.30 a.m. while the return cut off time is 12.30 p.m., according to a BB circular issued in Dhaka on Sunday (Mar 29) night, local media reported.
The central bank has taken the decision to complete the inter-bank transactions for ensuring various emergency services, including smooth supply of essential commodities, emergency medicine and other services, for the people.
Banking activities are running in limited scale in the week to facilitate the financial transaction for their clients as the government has declared general holidays from Mar 29 to Apr 2.
During the week, banks are remaining open from 10 a.m. to 1:30 p.m. while the transaction is being made between 10 a.m. to 12 p.m.
