Technical bug briefly halts high-value interbank settlements; alternate payment channels remained functional
Bangladesh Bank Resolves CBS Glitch; RTGS Transactions Restored
- Bangladesh Bank fully restores RTGS settlements following swift resolution of a core banking system glitch
- Morning technical hitch temporarily disrupted instant, large-ticket interbank fund transfers nationwide
- Alternate electronic gateways and retail banking operations remained unaffected during the brief outage
Following an unexpected technical disruption in its Core Banking System (CBS), Bangladesh Bank has successfully resolved the glitch and fully restored operations of the Real-Time Gross Settlement (RTGS) payment gateway. High-value instantaneous interbank fund transfers and settlements have resumed normal functionality, confirmed Arif Hossain Khan, Executive Director and Spokesperson of Bangladesh Bank, on Tuesday, 10 November 2026.
Earlier on Tuesday morning, an internal software malfunction within the central bank's CBS infrastructure compelled administrators to temporarily suspend RTGS transactions. The sudden interruption briefly impacted instant interbank liquidity settlements, commercial vendor disbursements, and urgent corporate transactions, prompting businesses and treasury desks to seek alternative electronic clearing channels.
Technical teams from the central bank immediately deployed diagnostic protocols to address the server-level complication. During the initial hours of the disruption, spokesperson Arif Hossain Khan clarified that while RTGS remained offline, other retail clearing switches, card networks, and over-the-counter banking channels operated uninterrupted, thereby preventing systemic gridlocks across the financial sector.
Following comprehensive system verifications and system stabilization, the gateway was brought back online for all scheduled commercial banks.
Operated by Bangladesh Bank, the RTGS framework serves as the critical backbone for instantaneous, gross-settled transactions across domestic financial institutions. Designed primarily for high-value and time-sensitive institutional transfers, its reliable functionality is pivotal to safeguarding national payment integrity and real-time treasury management.
//DBTech/BFSR/SME/MIST//
