DHAKA, Nov 24, 2025 (BSS) – Bangladesh Bank (BB) has instructed banks and financial institutions to ensure instant settlement for all successful Bangla QR code-based transactions.   To this end, the central bank today issued a circular saying financial institutions providing Bangla QR codes are now required to instantly credit the funds generated from these transactions to the accounts of small and marginal businesses.   This instant settlement applies specifically to those businesses included under individual retail accounts.   For merchants other than the designated small and marginal businesses, financial institutions have been given flexibility in determining the settlement period.   The institutions will set this timeframe themselves, taking into account factors such as customer relationships and other relevant risks.   To ensure the effective adoption of this new system, the Bangladesh Bank has set a clear implementation deadline. Financial institutions supplying Bangla QR must take effective steps to introduce this instant settlement arrangement by December 15, 2025.   This move is part of ongoing efforts, coordinated with various stakeholders, to reduce cash transactions and facilitate the creation of a cash-less society within the country.   Its primary goal is to further accelerate Bangla QR code-based transactions domestically.