Bangladesh Bank has issued a strict directive to all scheduled banks to accept torn, damaged, and dirty banknotes and provide new or reissuable notes in exchange. The circular, released recently, aims to ensure smooth and fair cash transactions for the public. It requires every branch of all banks to regularly offer exchange services for such notes in accordance with existing regulations.
The central bank noted that despite earlier instructions issued on December 15, 2025, damaged and dirty notes remain widespread in circulation, causing inconvenience in daily transactions. To implement its 'Clean Note Policy,' the bank instructed that all denominations, particularly smaller ones such as 5, 10, 20, and 50 taka notes, must be accepted at designated counters and exchanged immediately.
The circular also warned that any bank branch refusing to provide this service would face necessary action. Bangladesh Bank emphasized the importance of this directive and urged all banks to ensure full compliance.