BB asks banks to be cautious about fake notes during Ramadan

Bangladesh Bank (BB) asked all commercial banks to remain alert so that forgers could not release counterfeit notes during the month of Ramadan cashing in on increased demand.

The central bank today issued a circular to the managing directors of all commercial banks in this regards, instructing the banks to take necessary measures to prevent the spread of fake notes.

As per the circular, a video clip containing security features of bank notes should be televised by banks for at least one hour after evening at major public places of the capital, divisional cities, and Bogra city during the entire Ramadan.

The BB also instructed banks to check notes before putting those in ATMs. At the same time, all bank branches were asked to display the security features of bank notes in their installed videos on their premises during banking hours. (BSS)