bdnews24.com :
The central bank has ordered all banks to accept notes of all denominations, including torn bills and coins, warning them of ‘punitive measures’ if they do not comply.
A circular has been sent to the banks’ chief executives.
On July 21 last year, Bangladesh Bank in an order asked the banks to accept and exchange all notes.
Monday’s circular said there had been allegations that banks were not accepting notes of Tk 2, 5, 10 denominations apart from the torn notes.
It noted that the move was causing trouble for the people and hampering financial transactions.
The central bank in the new circular asked that all notes be accepted from the customers and customers provided proper exchange values.
Banks ignoring the order would be punished, it warned.
