Bank account details sought from 11 e-commerce merchants

The Bangladesh Financial Intelligence Unit (BFIU) has sought bank account details of 11 e-commerce merchants.

The merchants are: Alesha Mart, Dhamaka Shop, Sirajganj Shop, Aladiner Prodip, Boom Boom, Adyen Mart, Needs, Qcoom.com, Eorange.shop, Dalal Plus and Bajaj Collection.

The BFIU, a financial intelligence agency of the country, sent two separate letters between June 23 and June 29 to all banks, asking them to provide detailed account information of the merchants.

Lenders have been asked to send the information within five working days.

A good number of banks have recently cancelled card transactions with some e-commerce platforms.

The move of the banks came when an increasing number of customers alleged that they did not get products in time after purchasing them from the e-commerce sites.

In some cases, the payments had been made months in advance through cards or mobile financial services.

Against the backdrop, the BFIU has taken the initiative to verify the transaction records of the e-commerce merchants.