No limit on cash withdrawal from today: Bangladesh Bank
The Bangladesh Bank (BB) has suspended the restriction on cash withdrawal and said the decision will come into effect from today(Sunday).
Mejbaul Haque, spokesperson of the Bangladesh Bank, confirmed the matter to the media today (7 September).
After the fall of Sheikh Hasina's government on 5 August, the pressure of cash withdrawal increased.
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Earlier on 8 August, the central bank asked all government and private banks not to allow cash withdrawals over Tk1 lakh, mainly to stop politicians and unscrupulous businessmen from withdrawing money from banks.
On 10 August, the central bank said no more than Tk2 lakh cash could be withdrawn from the account.
Then on 17 August the limit was newly set at Tk3 lakh.
In the first week of this month, the withdrawal limit was Tk5 lakh.
