The cash withdrawal limit from the bank has been slightly increased. No more than three lakh cash can be withdrawn from an account from Sunday. This rule will remain applicable until further instructions.

Bangladesh Bank gave this instruction in an urgent message of the managing director of the bank on Saturday.

According to Bangladesh Bank’s instructions, there is a problem in transferring money to branches due to security reasons. That is why not more than three lakh taka can be withdrawn from one account. Monitoring of transactions through checks should be strengthened. Also stop suspicious transactions. However, even if a customer cannot withdraw cash, they can transfer any amount of cash and do digital transactions.

Officials of several private banks of the country said that after the change of government, the pressure of withdrawing cash increases manifold. There was a lot of pressure to withdraw cash especially from Awami League politicians and businessmen. Bangladesh Bank decided to discourage the withdrawal of cash with the maximum limit so that these funds are not used for illegal activities. It is also advised to encourage customers to pay by check.

But last week, the limit has been increased even though they could not withdraw more than two lakhs in cash. From today Sunday till further instructions no more than three lakh taka can be withdrawn