On November 18, 2024, Bangladesh Bank issued a directive to all banks to facilitate the smooth exchange of Tk 1, Tk 2, and Tk 5 coins for paper currency. This move follows reports that banks had been misinterpreting previous instructions and were not properly exchanging coins despite storing them in their vaults. As a result, customers faced difficulties in obtaining coins for everyday transactions.
The central bank now mandates that local and feeding branches store 24,000 Tk 1 coins, 24,000 Tk 2 coins, and 15,000 Tk 5 coins. Other branches are required to keep 8,000 coins of each denomination, while sub-branches must store 2,000 Tk 1 coins, 2,000 Tk 2 coins, and 1,000 Tk 5 coins. Banks are also instructed to replenish their coin stock from the public, feeding branches, or nearest central bank stations if their balances fall below the required minimum.
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