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Cenbank asks banks to be cautious about fake notes during Ramadan

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Bangladesh Bank (BB) Urges Vigilance Against Counterfeit Notes During Ramadan

Bangladesh Bank (BB) has issued a circular to all commercial banks, urging heightened vigilance to prevent the circulation of counterfeit notes during the month of Ramadan. The circular, addressed to the managing directors of all commercial banks, instructs banks to take necessary measures to combat the spread of fake currency.

As per the directive, banks are required to broadcast a video clip showcasing the security features of banknotes for at least one hour after evening prayers in major public areas of the capital, divisional cities, and Bogra city throughout Ramadan.

Additionally, banks are instructed to thoroughly inspect notes before loading them into ATMs. Furthermore, all bank branches are mandated to display videos highlighting the security features of banknotes during banking hours.

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