Banks asked to display ATM charges at all booths in Bangladesh

Last updated: February 16, 2015

Dhaka, Bangladesh (BBN) - The central bank of Bangladesh has asked all the banks to display the charges for using automated teller machine (ATM) at an easily viewable place of all ATM booths.

The Bangladesh Bank (BB), the country’s central bank, issued a circular in this connection on Monday and asked the banks to follow the instructions properly.

The central bank said in absence of display of fees, many ATM users are often confused about the charges for using ATM of banks other than the card-issuing banks.

In January last, the BB re-fixed the charges for use of ATM, which came into effect from February 1.

Currently, more than 5,000 ATM booths are now in operation across the country.  Dutch-Bangla Bank Limited (DBBL) alone operates nearly 2,900 of them.
Besides, the DBBL operates around 500 ‘Fast Track’, each having at least 4 ATM machines.

BBN/SSR/AD-16Feb15-11:55 pm (BST)

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