Bangladesh Bank (BB) has reset the duration of interbank transactions for 5th-7th April.
The scheduled banks in the ready-made garment industrial zones will continue to remain open to enable the payment of garment workers’ salaries, Eid bonuses, allowances, and export-import transactions, even though the Government will be closed on 5th-7th April for Eid-ul-Fitr.
According to a BB circular released on Tuesday, the presentation deadline for high-value clearing through the Bangladesh Automated Clearing House (BACH) will be 10.30 am, and the return deadline will be 12.00 pm.
The presentment cut-off time for regular value clearing is 11 am while the return cut-off time is 1:30 pm, it added.
BEFTN will continue to operate at its existing time.
