Report suspicious transactions: BB

As part of the government’s efforts to prevent question leaks, the central bank yesterday asked Mobile Financial Service (MFS) providers to beef up monitoring of transactions on their platforms and report suspicious activities to law enforcement agencies.

The same instructions will also be applicable for e-wallet service providers of the country, said a notice by the central bank issued yesterday.

In the notice, the service providers were asked to monitor and promptly  inform law enforcers if they come across any user accounts with frequent transactions ranging between Tk 200 to Tk 2,000.

The details of senders and receivers will have to be submitted to law enforcement agencies if the transactions prove to be suspicious, the notice said.

The special monitoring will have to commence at least one week in advance of the starting date of the SSC examination, which this year begins on February 3 and continues throughout the month.

The central bank has asked MFS and e-wallet providers to inform agents, distributors and clients of the instructions.

Following a government decision, such cases of monitoring will be carried out during all examinations under the education ministry from now on, a central bank official said.

During these examinations, question leaks are often carried out by receiving questions online or via text messages, and paying through MFS and e-wallets.

Some 16 MFS and two e-wallet service providers are operating in the country at the moment.