Banks asked to keep adequate cash supply at ATM booths

Bangladesh Bank (BB) has asked the commercials banks to ensure smooth and uninterrupted transactions through the Automated Teller Machine (ATM), Point of Sale (POS), Internet Banking, Online e-Payment Gateway and Mobile Financial Services (MFS) during the vacation of Eid-ul-Azha.

The central bank said in a circular on Tuesday, “Banks need to ensure round-the-clock ATM service. If any technical problem occurs at ATM booths, it should be resolved as soon as possible and adequate cash supply should be ensured”.

Banks have also been directed to implement measures ensuring round-the-clock point of sale (POS) services, alongside raising awareness among merchants and customers to prevent fraud.

All banks and their affiliated companies offering mobile financial services (MFS) such as Bkash, Rocket, and Nagad have been instructed to guarantee of smooth transactions.