Banks asked to tighten security during Eid

Banks have been asked to tighten security in their respective branches, head offices and ATM booths to tackle cyber crime and any untoward incidents during Eid holidays, said a circular the central bank issued yesterday. BB also advised the banks to take necessary measures to monitor the banks rotationally by bank officers during the holidays. In an another circular issued yesterday, the central bank asked the banks to ensure non-stop transaction through ATM (Automated Teller Machine), POS (Point of Sale), e-Payment Gateway, MFS (Mobile Financial Services) during Eid celebration. The circular mentioned that most of the bank branches will remain closed from 9 to 14 September. During this period banks will have to take necessary steps to make sure that e-Transactions go on smoothly and uninterruptedly.