Ensure digital banking during holiday

The central bank asks commercial banks to ensure uninterrupted digital transactions across Bangladesh during the Eid-ul-Azha vacation, when buying binge takes place for the holy fiesta.

To this effect, the Bangladesh Bank issued Thursday a circular, signed by its director of the payment system department.

It says the direction is meant for ensuring "smooth financial transactions" through automated teller machine (ATM), point-of-sale (POS), internet banking, online e-payment gateway, and mobile financial service (MFS).

The circular asks the banks to ensure round-the-clock digital services. The BB also asks them to resolve "any technical glitch immediately along with maintaining round-the-clock security services at the booths".

They are advised to keep adequate money for ATMs, MFS services, and other payment gateways.

jasimharoon@yahoo.com