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BC-5.3.1

Past version: effective from Oct 1 2007 - Dec 31 2010.
To view other versions open the versions tab on the right.

The Central Bank will impose penalty charges of BD 5 on each returned cheque for the reasons of 'Refer to Drawer', 'Not Arranged For', 'Re-present', and 'Account Closed'. Individual banks will continue to be informed daily of any charges accruing to their accounts. The respective accounts will be debited on the same day.

October 07
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