Bangladesh, Nov. 20 -- The Anti-Corruption Commission (ACC) has proposed that the government set a cash transaction limit of Tk 10,000 in a bid to curb corruption through unrecorded transactions.
The government might also make it mandatory for all transactions above that limit to be done through bank or using debit and credit cards, the ACC said in its proposals.
It also proposed lowering the transaction limit per day through mobile financial services to Tk 10,000 from the existing limit of Tk 50,000.
At the same time, the government should ensure that there should be a system of issuance of receipts at both money sending and receiving ends of the mobile financial service, the ACC suggested.
The anti-corruption watchdog made the proposa...