Scheduled banks in Dhaka, Chattogram, Khulna, Rajshahi, and Rangpur metropolitan areas have received a directive from Bangladesh Bank to extend their banking hours from 10am to 10pm at branches and sub-branches near designated cattle markets. This move aims to facilitate smooth financial transactions during the upcoming busy cattle trading period leading up to Eid-ul-Azha.
The central bank highlighted the significance of maintaining financial security and safe transaction systems due to the high volume of cash transactions typically seen in cattle markets during this period. To this end, banks have been instructed to ensure sufficient cash availability and uninterrupted banking services starting from May 24 until the day before Eid-ul-Azha.
Branches near cattle markets are expected to offer essential services like cash deposits, withdrawals, and account opening facilities for traders and customers. Additionally, the use of digital banking channels and mobile financial services is encouraged to mitigate risks associated with carrying large sums of cash. The circular also recommends implementing necessary security measures around temporary cattle markets to enhance overall safety and security.
