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Saturday, April 20, 2024

Banks to remain closed on Sunday

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Banks will remain closed on Sunday also as per new instructions of the Bangladesh Bank following the countrywide strict lockdown that began on Thursday, July 1.

A circular of the Bangladesh Bank, issued on June 30, said the banks will remain closed also on Sunday in addition to Friday, Saturday weekends during the lockdown until July 7.

Banks will conduct transactions from 10 am to 1:30 pm during the 7-day restrictions.

However, they can operate until 3:30 pm for conducting their other office activities.

The new schedule comes into effect from July 4 (Sunday) .

The normal transaction hours of banks are from 10 am to 4pm.

During this period, the head offices of banks will remain open while state-owned banks will keep open one branch at district level and one branch at upazila level while private banks will keep open one branch at district level and maximum two branches outside the district level with limited manpower.

The bank authorities will take measures to provide transportation support to their staff in consultation with the local administration.
The banks will keep open their principal and authorized dealer (AD) branches with required staff while internet banking service will continue for 24 hours.

They have to ensure operation of ATM booths to facilitate transactions through cards by supplying adequate cash in the machines while the evening banking and weekly holiday banking activities will remain suspended until further order, said the circular issued on April 13.

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