Bangladesh Bank has instructed to store 1, 2 and 5 Tk worth of metal coins or coins in each branch of the Scheduled Bank. Some bank branches keep certain amount of metal coins only in vaults but are not trading according to public demand. As a result, people are not able to collect metal coins from banks despite the demand. As a result, Bangladesh Bank gave such instructions about the coins.

On Monday (November 18), Bangladesh Bank’s Department of Currency Management (DCM) said in a notification that several branches of scheduled banks are not trading according to the public’s demand even though they keep a certain amount of metal currency in the vault. As a result of which there is a demand for metal coins, public is not able to collect metal coins from Scheduled Banks. In this situation, for the sake of daily normal transactions of the public, instructions have been given to keep a minimum fixed number of metal coins or coins of 1, 2 and 5 taka denomination in every branch of the Scheduled Bank operating in the country

According to the instructions, transactions of 1, 2 and 5 taka should be ensured as per public demand. In order to keep the transactions normal, the numbers set by Bangladesh Bank regarding the storage of 1, 2 and 5 taka coins should be followed. At the local office and feeding branch of the bank, 24 thousand pieces of 1 taka coins, 24 thousand pieces of 2 taka coins and 15 thousand pieces of 5 taka coins should be kept.

Besides, 8 thousand pieces of 1 taka coins, 8 thousand pieces of 2 taka coins and 5 thousand pieces of 5 taka coins should be kept in every other branch. Each sub-branch should keep 2 thousand pieces of 1 taka coins, 2 thousand pieces of 2 taka coins and 1 thousand pieces of 5 taka coins. However, if the status of the metal currency decreases as a result of the transaction, if the status decreases from the minimum number, the public can collect it from the feeding branch and from the nearest Bangladesh Bank if necessary.