Economy

BB Suspends RTGS Transactions Over Technical Glitch

Real-time fund transfers have been temporarily halted following a technical problem in the central bank's Core Banking System.

Written by The Banking Post


Real Time Gross Settlement (RTGS) transactions have been temporarily suspended due to a technical glitch in Bangladesh Bank’s Core Banking System (CBS), disrupting the country’s real-time interbank fund transfer services.

Bangladesh Bank spokesperson and Executive Director Arif Hossain Khan confirmed the suspension on Tuesday (10 November).

He said the central bank’s technical team was working to resolve the issue and restore the service.

“Work is under way to resolve the issue,” he added.


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