BB re-fixes interbank transactions duration for July 24-25

Bangladesh Bank (BB) has re-fixed the duration of interbank transactions for July 24-25.

On July 24-25, high value clearing cheques presentment cut off time will be 12pm while the return cut off time will be 1.45pm, as per a BB notification issued on Wednesday.

During the days, return value clearing cheques presentment cut off time will be 12.30pm while the return cut off time will be 2.30pm.

Transaction of both sessions through BEFTN will be in the existing schedule, reports BSS.

Transaction through Real Time Gross Settlement (RTGS) will be 11am to 3pm.