DHAKA, Feb 7, 2025 (BSS) - Bangladesh Bank (BB) has set fees and charges for card transactions through ATM, Point of Sale (POS), Internet Banking Fund Transfer (IBFT), Bangla QR, e-commerce and government invoices.

The central bank issued a circular on Thursday to this end.

According to the circular, card transactions through ATMs under the National Payment Switch Bangladesh (NPSB), banks will be able to impose a maximum Tk 30 for cash withdrawal (including VAT) for the clients of another bank. Tk 5 will be imposed in case of looking for
the outstanding balance, Tk 5 for small statements and Tk 10 for fund transfer.

The circular stated that for cash withdrawals from ATM of other banks, the first five transactions each month will continue to incur the previous fee of Tk15. However, customers can withdraw a maximum of Tk20,000 each time.

If a customer withdraws more than Tk20,000 or uses an ATM of another bank more than five times in a month, they will have to pay double the fee.

Additionally, the circular specifies charges for online income tax payments. For payments up to Tk25,000 using cards or internet banking, a maximum fee of Tk20 can be charged, and for payments exceeding that
amount, a maximum fee of Tk50 can be charged.

For payments made using Mobile Financial Services (MFS) or Payment Service Provider (PSP), the charge will be 1% of the transaction amount or Tk30, whichever is lower.