National Payment Switch Bangladesh

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National Payment Switch Bangladesh (NPSB) is the national payment switch that ensures interoperability between account and card based transactions. [1] It was established in 2012. Support include ATM, POS, Internet Banking Fund Transfer with MFS under active consideration.

Contents

History

In 2025, Standard Chartered Bangladesh announced they were fully integrated with NPSB and also supported Bangla QR payment. [2]

Specifics

Individuals can transact maximum 3,00,000 taka/transaction at a frequency of maximum 10 times/day and no more than 10,00,000 taka per day. Corporate clients can transact 5,00,000 taka/transaction and maximum frequency as 20/day and 25,00,000 taka per day. 2FA is mandatory for participating banks, with respect to online, e-commerce, interbanking, card not present transactions.

In 2022, frequency limitations were lifted. [3]

References

  1. ↑ "Bangladesh Bank". www.bb.org.bd. Retrieved 2025-09-26.
  2. ↑ "Standard Chartered Bangladesh launches Bangla QR payment on SC Mobile App". The Business Standard. 2025-08-24. Retrieved 2025-09-26.
  3. ↑ "No limit for intra-bank internet money transfer". The Business Standard. 2022-04-28. Retrieved 2025-09-26.
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