Banks will carry out transactions from 10 am to 1:30 pm during the 7-day strict lockdown until July 7 .

According to a circular issued on Wednesday,  banks can operate until 3:30 pm for conducting their other necessary activities during the period. 

But the new schedule will come into effect from July 4 (Sunday) as transactions will remain off on July 1 (Thursday) and the next two days are weekly holiday(Friday and Saturday).

At present, banks carry out transactions until 3:30 pm and remain open until 4:30 pm against the normal transaction period of 10 am to 4pm.

The circular said the government has imposed different restrictions considering the current situation of  Coronavirus pandemic.

In this situation, a decision has been taken to run the banking system on a limited manner.

During this period, the head offices of banks will remain open while state-owned banks will keep open one branch at district level and one branch at upazila level while private banks will keep open one branch at district level and maximum two branches outside the district level with limited manpower.

READ: Banks to transact from 10 am to 3 pm from until June 16

The bank authorities will take measures to provide transportation support to their staff in consultation with the local administration.  

The banks will keep open their principal and authorized dealer (AD) branches with required staff while internet banking service will continue for 24 hours.

They have to ensure operation of ATM booths to facilitate transactions through cards by supplying adequate cash in the machines while the evening banking and weekly holiday banking activities will remain suspended until further order, said the circular issued on April 13.

READ: Banks can open during local lockdown, says central bank