Sending “Transaction Statements” and “Balance Confirmation Certificates” to Customers
Banking Regulation and Policy Department Bangladesh Bank Head Office, Dhaka Website: Bangladesh Bank Date: 07 June 2022 BRPD Circular Letter No. 22 To: Managing Directors/Chief Executive Officers All Scheduled Banks Operating in Bangladesh Subject: Sending “Transaction Statements” and “Balance Confirmation Certificates” to Customers Dear Sir/Madam, Reference is invited to BRPD Circular No. 04 dated 22 February 2001 and BRPD Circular No. 11 dated 10 June 2021 regarding the above-mentioned matter. Through BRPD Circular No. 04/2001, instructions were issued for scheduled banks to regularly send half-yearly “Transaction Statements” to account holders in order to prevent fraud and forgery. Subsequently, through letter no. BRPD(P-1)/661/13/2013-2405 dated 22 May 2013, banks were again instructed to send “Transaction Statements” to all deposit and loan account holders through e-mail/post/courier services on a half-yearly basis for fraud prevention purposes. Further, para...