BB re-fixes MFS transaction limit, lifts times during Eid

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Business Desk :
Bangladesh Bank (BB) has re-fixed the mobile financial service (MFS) transaction ceiling in order to ease payment and transactions during Eid-ul-Fitr.
The central bank has also withdrawn the number of daily transaction times and fixed the daily cash-out limit at Tk 25,000 from agent point while the monthly transaction limit is Tk 150,000.
The cash-in limit is fixed at Tk 30,000 while the monthly limit is set at Tk 200,000, the person to person (p2p) cash transfer limit has been set at Tk 25,000 daily and Tk 200,000 monthly.
The MFS account can keep a maximum balance of Tk 300,000 in each account, as per a UNB report.
Besides, bank account to mobile financial service daily money transfer limit has been set at Tk 50,000 while monthly limit at Tk 300,000.

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