Dhaka: Bangladesh Bank (BB) has reset the security deposit amount to make easy the drawing management with exchange houses abroad under Electronic Fund Transfer (EFT) process.

From now, the approved banks can deposit US $10,000 instead of $25,000 for Non Residence Declaration (NRD) account or term deposit and Taka 2,00,000 instead of Taka 5,00,000 for Non Resident Taka (NRT) account, BB said in a circular issued on Tuesday.

But the banks can not provide any overdrawn facility in favour of money transfer institutions, the circular said.