Dhaka, Bangladesh (BBN) - The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has requested Bangladesh Bank (BB) not to impose any charge on inter-bank financial transactions through cheque and electronic fund transfer.
The country’s apex trade body also said such charge would have a negative impact on the economy as it would increase the cost of doing business.
In a statement, the FBCCI said it has come to know from the news of mass media that the central bank is planning to impose charge of inter-bank transactions.
"Imposition of such charge will add extra pressure to clients because different commercial banks normally impose additional charges on them," it noted.
Country's overseas trade is now under pressure due to global economic downturn.
Besides, soaring prices of different products in the internal market are affecting the local commodity market, it added.
Under this situation, it would not be wise to take any steps that would increase the cost of doing business and ultimately erode competitiveness of export products of the country.
BBN/SSR/AD-29Sept12-8:50 pm (BST)
