Dhaka, Bangladesh (BBN)- The central bank of Bangladesh has asked its branch offices and all commercial banks to be cautious against fake notes, especially ahead of Eid festival.
The central bank has also sought cooperation from the law enforcement agencies in this regard. Besides, fake-note resistance committees comprising representatives from banks, police and local administration have been asked to remain alert at district level.
The central bank fears that forgers will try to release fake notes ahead of Eid as cash transactions increase significantly.
“The commercial banks have been cautioned to thwart the entry of fake notes in the banking system," a senior official of the Bangladesh Bank (BB) said, adding that the central bank wants eliminate fake notes from the market completely. The fake note resistance committees have been made more active.
The banks have been instructed to ensure the use of modern fake-note detecting machine at all their branches, he added.
BBN/SSR/AD-30July12-11:45 am (BST)
