Circulars/Notifications - Banking Supervision Department  
 BPRD Circular No. 35
October 27, 1999  

All Banks

Dear Sirs,

PRUDENTIAL REGULATION NO. XV- UNDERTAKING
OF CASH PAYMENTS OUTSIDE THE BANK’S
AUTHORIZED PLACE OF BUSINESS.

 

It has been decided to substitute the existing Prudential Regulation No. XV circulated vide BPRD Circular No. 15 dated 29-8-1992 on the captioned subject as under:-

"Banks are prohibited from undertaking any business of cash payment at any place other than the authorized place of business except through the installation of Automated Teller Machine (ATM) subject to obtaining prior approval from State Bank."



Yours faithfully,
(Kazi Abdul Muktadir)
Director
       
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