Dhaka, Bangladesh (BBN)– The central bank has asked the banks, which are running mobile banking business, to comply with KYC (Known Your Clients) provisions by 10 working days, officials said.

The Bangladesh Bank (BB) issued a directive in this connection on Sunday and asked the chief executive officers of all mobile banking service provider banks and organizations to inform the Bangladesh Financial Intelligence Unit (BFIU) of the central bank after complying with the KYC provisions.

 “We’ll take actions against the banks if they fail to comply with the KYC provisions,” a BB senior official told BBN in Dhaka without elaborating.

BBN/SSR/AD-25Jan15-4:12 pm (BST)