Bangladesh Bank asked all the schedule banks to receive coins and mutilated notes from their customers with paying due exchange value.
The instruction came against the backdrop of allegations that the branches of schedule banks are reluctant to receive coins and mutilated notes from clients, said a circular Bangladesh Bank issued yesterday.
As a result, people face harassment while regular financial transactions get interrupted, said the circular.
The circular advised the banks to receive coins of Tk1, Tk2 and Tk5 denominations, plus notes from customers.
Every branch will keep at least 10,000 pieces of coins each of Tk1, Tk2 and Tk5 denominations in their collection while large branches and local branches 30,000 pieces.