Five Islamic banks current accounts with Bangladesh Bank are negative, but transactions are ongoing. The central bank has warned that unless the banks meet liquidity requirements within 20 days, transactions will be halted, reported Prothom Alo.
According to Three prominent media reports Bangladesh Bank’s Motijheel office has recently given this letter titled ‘BACH Settlement Complications’. The letter said, ‘Various clearing payment systems (inter-bank transaction settlement) are completed through your current account maintained in the deposit account section of the Motijheel office. For example – Bangladesh Automated Check Processing System (BACPS), Bangladesh Electronic Fund Transfer Network (BEFTN), National Payment Switch Bangladesh (NPSB) and Real Time Gross Settlement (RTGS) system.
By infosecbulletin
/ Saturday , March 29 2025
The Federal Bureau of Investigation (FBI) is probing the cyberattack at Oracle (ORCL.N), opens new tab that has led to...
Read More
By infosecbulletin
/ Thursday , March 27 2025
OpenAI has increased its maximum bug bounty payout to $100,000, up from $20,000, to encourage the discovery of critical vulnerabilities...
Read More
By infosecbulletin
/ Thursday , March 27 2025
Splunk has released a security advisory about critical vulnerabilities in Splunk Enterprise and Splunk Cloud Platform. These issues could lead...
Read More
By infosecbulletin
/ Thursday , March 27 2025
As the Eid holidays near, cybercriminals may try to take advantage of weakened security during this time. The CTI unit...
Read More
By infosecbulletin
/ Wednesday , March 26 2025
Operations at Kuala Lumpur International Airport (KLIA) were unaffected by a cyber attack in which hackers demanded US$10 million (S$13.4...
Read More
By infosecbulletin
/ Wednesday , March 26 2025
Unofficial patches are available for a new Windows zero-day vulnerability that allows remote attackers to steal NTLM credentials by deceiving...
Read More
By infosecbulletin
/ Wednesday , March 26 2025
On Tuesday, VMware issued an urgent fix for a security flaw in its VMware Tools for Windows. CVE-2025-22230 allows a...
Read More
By infosecbulletin
/ Tuesday , March 25 2025
Kubernetes users of the Ingress NGINX Controller are advised to fix four newly found remote code execution ( RCE) vulnerabilities,...
Read More
By infosecbulletin
/ Tuesday , March 25 2025
Next.js, a widely used React framework for building full-stack web applications, has fixed a serious security vulnerability. Used by many...
Read More
By infosecbulletin
/ Sunday , March 23 2025
A hacker known as “rose87168” claims to have stolen six million records from Oracle Cloud servers. The stolen data includes...
Read More
ALSO READ:
Warning! Govt alerts Samsung users; here’s why
However, after reviewing your accounts, it is seen that the current account status has been negative for a long time, which is not consistent with the normal banking process. The matter has been repeatedly brought to your notice but no significant action has been taken so far. In such a situation, it is advised to adjust the negative balance of your current account within 20 working days of receiving the letter.
It also said that if the coordination fails within the stipulated time, the amount of sufficient money will be withheld from all or any specific clearing platform as per the reservation agreement executed with the Payment System Department of Bangladesh Bank.
Sources:
Prothom alo
Samakal
dailystar