Cheque clearing, electronic fund transfer services resume

Inter-bank cheque settlement and electronic fund transfer services have resumed after an technical glitch disrupted such transactions for five days.

Staff Correspondentbdnews24.com
Published : 18 April 2021, 12:32 PM
Updated : 18 April 2021, 12:32 PM

Banks had been facing problems clearing cheques and operating other electronic services since Apr 13 due to a problem with Bangladesh Bank's IT server but the issue has now been resolved, the central bank's spokesperson Sirajul Islam said on Sunday.

"Bangladesh Bank's IT system had a little technical problem. This problem has been solved today. The IT department informed me that now the banks can operate all the services.”

Banks are currently operating on a limited scale amid an 'all-out lockdown' aimed at curbing the spread of the coronavirus in Bangladesh.

However, the disruption in the cheque clearing and electronic money transfer services caused a lot of suffering to customers over the last few days.