Banks to remain closed during lockdown

All the banks will remain closed from April 14 to 21 as part of the government declared all-out lockdown to prevent spread of coronaavirus or Covid-19 infection in the country.

However, all online services including ATM and internet banking will be opened for round the clock to meet necessary cash and payment demand.

As per the government directive, Bangladesh Bank (BB) on Monday decided to close banks branches, all the sub-branches, booth banking, agent banking services at that time.

Bank branches at sea, land and airport can be kept open for import-export activities at this time.

In addition, foreign exchange traded branches (ADs) can be kept open for certain time if required by exporters.

However, Bangladesh Bank will not give instructions to keep any bank open.

Bangladesh Bank spokesperson Sirajul Islam said that all branches of banks will remain closed during all-out lockdown.

“If the bank needs import-export, branches can be opened as per the demand. However, the health regulations must be followed properly,” he added.

Meanwhile, the government instructed to close all banks and financial institutions as part of a one-week lockdown to prevent coronavirus infections. The Cabinet Division on Monday issued instructions on work and movement.

According to the circular, all government, semi-government, autonomous private offices and financial institutions will be closed. All officers and employees must be in their respective areas of work. The circular further said that air, sea, naval and land ports and related offices would be exempted from the ban.