Coronavirus: BB orders cutting down cash transactions

Coronavirus: BB orders cutting down cash transactions

The central bank has ordered banks across the country to scale down cash transactions and encourage clients to use other banking instruments in order to reduce the spread of coronavirus.

Bangladesh Bank issued a gazette to this effect on Sunday (Mar 22).

In the official notice the central bank has asked the banks to encourage the customers to use cheques, online banking or other banking instruments as opposed to cash transactions.

Given that several health organizations have termed cash transactions risky, bank employees at the cash counters will be required to wear gloves and masks as well as use hand sanitizers after handling notes.

The notice also said that the no other employees other than those in the cash department will be allowed in the vaults or cash counters.

Banks have also been directed to ensure that clients have access to sanitizers or hand washing facility at the branches.