April 17, 2021

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Bikash-Rocket-Cash transactions up to Tk 40,000 free of charge

Person-to-person (P-to-P) transactions can be made at Rs 2 lakh per month, which was Rs 75,000 earlier. Credit card bill payment time will increase, no additional charges and interest will be charged. Internet banking services should be kept running round the clock. In addition, adequate money should be kept in the ATM booth and regular disinfectant should be used.

Bangladesh Bank has increased the limit on mobile banking transactions as it has imposed restrictions on movement to prevent corona infection. At the same time, the customer does not have to pay any fee for sending up to Rs 40,000 per month.

Bangladesh Bank has issued this instruction in a circular today. As a result, service providers like bKash, Rocket, Cash have to follow these guidelines.

According to the notification of Bangladesh Bank, individual to person (P-P) transaction can be done at the rate of Tk 2 lakh per month, which was Tk 75,000 earlier. Of this, no fee can be levied on transactions up to Tk 40,000 per month in P2P. However, the maximum limit for each transaction will be 10 thousand rupees. Internet banking services should be running round the clock.
Currently, the operators who have made various offers will also be covered. However, anyone can give more benefits to the customers.

In yesterday’s notification, Bangladesh Bank said, internet banking service should be kept running round the clock. In addition, adequate money should be kept in the ATM booth and regular disinfectant should be used.

The customer does not have to pay any fee to send up to Rs 40,000 per month.
In addition, if the credit card bill payment date falls within the time limit imposed by the government, the bill payment date can be extended up to five working days after the suspension of the ban. Any additional charges and interest may be levied for late payment till the due date of bill payment. In this case, Bangladesh Bank has stated that no new interest can be charged on the next month’s bill, the previous month’s bill.

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