Dhaka, Bangladesh (BBN) – The central bank has asked banks to ensure transactions through smooth operations of alternative delivery channels (ADCs) round the clock during the Eid vacation.
“We’ve taken the latest moves to ensure smooth transactions using the ADCs during the upcoming Eid-ul-Fitr vacation,” a senior official of the Bangladesh Bank (BB), the country’s central bank, told BBN in Dhaka on Tuesday.
The ADCs cover the operations of ATM (Automated Teller Machine), POS (Point of Sale), e-Payment Gateway and Mobile Financial Services (MFS).
The BB official also said such transactions normally increase significantly during the weekend and other holidays.
Bangladesh’s 57 scheduled banks will remain closed from June 25 to June 27 on the occasion of Eid-ul-Fitr. But the banks will also remain closed on June-23-24 as weekend.
The BB issued a circular in this connection on Tuesday and asked the managing directors and chief executive officers of all banks for taking necessary measures for ensuring smooth transactions during the vacation.
The country’s commercial banks have been asked to take adequate security measures at their ATM booths for avoiding any unwanted incidents.
“The central bank has also asked the banks to make available cash at ATM booths all the time during the Eid vacation,” the central banker noted.
Currently, more than 9,000 ATM booths are now in operation across the country, of which the Dutch Bangla Bank Limited (DBBL) alone operates around 4,700.
The banks must inform their clients about any amount of transactions using ATM and POS by sending SMS (Short Message Service), according to the circular.