Dhaka, Bangladesh (BBN) – The central bank of Bangladesh has asked the commercial banks to ensure transactions by arranging smooth operations of alternative delivery channels (ADCs) round the clock during the Eid vacation.
The ADCs cover the operations of ATM (Automated Teller Machine), POS (Point of Sale), e-Payment Gateway and Mobile Financial Services (MFS), according to officials.
“We’ve taken the measures to ensure smooth transactions using the ADCs during the upcoming Eid-ul-Fitr vacation,” a senior official of the Bangladesh Bank (BB) told the BBN in Dhaka.
The BB issued a circular in this connection Monday and asked the managing directors and chief executives of the banks for taking necessary measures for ensuring smooth transactions during the vacation.
Transactions using the digital channels such as ATM, internet or online and mobile normally increase significantly during the weekend and other holidays, the central banker explained.
All the scheduled banks have been asked to take adequate security measures at their ATM booths for avoiding any unwanted incidents, it added.
The banks have also been asked to make available cash at ATM booths all the time during the Eid vacation.
Currently, over 9,600 ATM booths are now in operation across the country, of which the Dutch Bangla Bank Limited (DBBL) alone operates around 4,500.
The banks must inform their clients about any amount of transactions using ATM and POS by sending SMS (Short Message Service), the circular noted.