Inter-bank cheque settlement and electronic fund transfer system of Bangladesh Bank resumed on Sunday (April 18, 2021) morning after five days of suspension. The system was suspended on Tuesday (April 13, 2021) last due to a technical fault in the optical fiber of Bangladesh Telecommunications Company Limited (BTCL). Also read: Inter-bank cheque settlement, electronic fund transfer suspended due to technical fault “The Inter-bank cheque settlement and electronic fund transfer system resumed operation from the morning and there is no problem in this regard as it is working in full swing”, Sirajul Islam, BB spokesperson, told UNB. According to official sources at the BB, one of the two servers, one located at the central bank and another at Bangladesh Bank Training Academy in Mirpur, became inoperative resulting in disruption in the electronic fund transfer inter-bank cheque settlement.   Read BB signs PAs with 12 banks, 2 FIs to operate Tk1,000 crore TDF Technicians of both BB and BTCL were working to resolve the problem and finally they became successful in repairing the glitch. Official sources said the glitch took place following an order from the central bank to stop operation of the system during the all-out lockdown. But after the change in the decision, when the clearing house was asked to resume the system, it started experiencing problems in the server, said a source at the BB. Also read: Banks to operate from 10am to 1 pm for general transactions ...

Inter-bank cheque settlement and electronic fund transfer system of Bangladesh Bank remained suspended  since Tuesday last due to a technical fault in the optical fiber of Bangladesh Telecommunications Company Limited (BTCL). According to official sources at the BB, one of the two servers, one located at the central bank and another at Bangladesh Bank Training Academy in Mirpur, became inoperative resulting in disruption in the electronic fund transfer inter-bank cheque settlement.    Also read:Banks to operate from 10am to 1 pm for general transactions ... Contacted Bangladesh Bank Spokesman Sirajul Islam said that the technicians of both BB and BTCL have been making their all-out efforts to resolve the problem. “But it is not possible to say when the problem will be resolved,” he said.  Official sources said the cheque clearing house at Bangladesh Bank was asked by the authorities to stop its function following the order of the government on lockdown. Also read:Lockdown: Banks to operate from 10am-12:30pm for general ... But after the change in the decision, when the clearing house was asked to resume system, it started experiencing problem in the server, said a source at the BB.