In response to rising online gambling fraud, Bangladeshi banks are reinforcing their Know Your Customer (KYC) procedures. Several financial institutions, under pressure from the Bangladesh Bank, are conducting account audits and identifying suspicious transactions linked to gambling. Enhanced due diligence measures are being applied to accounts showing abnormal UPI activity, crypto usage, or foreign remittances with unclear purpose. Customers found guilty of violating terms face account suspension and legal action. The move is intended to disrupt the financial infrastructure of online betting networks.
English