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The government has announced a one-time cash assistance of Rs 2,500 to 5 million families distressed in the ongoing coronavirus disaster. It has been decided to provide this cash assistance directly to the beneficiary’s mobile.
To this end, the Ministry of Finance has directed all Mobile Financial Services (MFS) service providers and their providers and the Post Office Department to ensure that a sufficient amount of cash is provided at the agent point to take action. necessary to open the beneficiary’s verified NID account and successfully complete cash assistance distribution activities. Bangladesh Bank.
On Thursday, the Central Bank’s Payment Systems Department issued a circular about it.
According to the circular, the government decided to provide cash assistance directly to 5 million families in distress in the event of a crown virus epidemic. To this end, to guarantee uninterrupted service, all banks that provide MFS services or their subsidiaries must guarantee uninterrupted transactions.
Additionally, the Ministry of Finance is directing all MFS providers to take the necessary steps to open an MFS account after NID verification based on the beneficiary list provided by the Ministry of Finance and also to ensure a cash supply. suitable at the point of the agent to successfully complete the cash assistance distribution activities.
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