RMG workers allowed to open bank account at Tk100

Posted by BankInfo on Wed, Sep 18 2013 12:11 pm

They will have to produce their respective factory and national identity cards to the banks to open the accounts’

Readymade garments workers can now open a bank account with a deposit of Tk100
only.

They will have to produce their respective factory and national identity cards to the banks to open the accounts, said a Bangladesh Bank circular issued Tuesday. The accounts would facilitate the workers to get their salaries through the banking system.

These accounts will not have obligation to hold minimum status or will not be cut any maintenance charge. These accounts will also be allowed to perform transactions through vouchers instead of check books, if check books are insufficient.

Banks have been asked to ensure the banking service for the garment workers to pay the salaries through their bank accounts.

They have also been directed to submit the report in this regard to the Bangladesh Bank 15 days after every quarter.

News:Dhaka tribune Bangladesh/18-Sep-2013

 

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