Bangladesh Bank has declared that selling new currency notes as commercial products is entirely illegal. The bank’s Executive Director and spokesperson, Arif Hossain Khan, made the statement to journalists on Thursday, warning that any officials from Bangladesh Bank or commercial banks found involved in such activities will face disciplinary measures. Law enforcement agencies will also take action against individuals engaged in the illegal sale of new notes.

Khan explained that while there is always demand for new notes during festivals, people should move away from this practice as the country advances toward a cashless economy. He emphasized that new notes are not commodities to be traded and reiterated that any supply of new notes for sale from banking institutions would result in administrative action against those responsible.

The announcement underscores Bangladesh Bank’s effort to curb illegal currency trading and promote digital financial practices in line with its broader cashless Bangladesh initiative.