Bangladesh
2 years ago
Post office savings tools: No manual deposit in general A/Cs from July
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Investors in the government's post office savings certificates will not be able to deposit in general accounts under the manual system from July 1, 2023.
However, they will get the deposit yield of the savings certificates opened under the manual system before July 2023 until June 30, 2024.
After June 2024, the manual account will be closed, but the investors will be able to open digital general account online on the same day.
The Internal Resources Division (IRD) issued a circular, dated February 15, 2023, in this regard.