Commercial banks in the country have been asked not to allow cash withdrawals of more than Tk1 lakh on Thursday.

The Bangladesh Bank gave this instruction in an urgent message to the managing directors of the banks on Wednesday night.

According to the message, not more than one lakh cash can be withdrawn from one account. However, even if a customer cannot withdraw cash, they can transfer any amount of cash and make digital transactions.

The central bank said that this decision will be applicable only for today. 

The authorities said that apart from this, the central bank has ordered to stop disbursement of money from the head office to the branches for today. Customers are also advised to pay through cheque.

It is learnt that after the change of government, the pressure to withdraw cash increased a little. The pressure to withdraw cash is seen especially from pro-Awami politicians and business families. Bangladesh Bank has decided to discourage the withdrawal of cash so that these funds are not used in any way for terrorist or illegal activities.

BDST: 1240 HRS, AUG 08, 2024
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