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BB asks not to allow cash withdrawals over Tk 2 lakh

BB asks not to allow cash withdrawals over Tk 2 lakh

Staff Correspondent

The Bangladesh Bank (BB) has asked all commercial banks in the country to limit cash withdrawals to no more than Tk2 lakh per customer this week.

The central bank sent this instruction to the banks on Saturday night, citing 'security reasons'.

It also instructed banks to monitor cheque transactions closely and block any suspicious fund transfers.

Earlier on Thursday, given the ongoing situation across the country, the Bangladesh Bank instructed banks to limit daily cash withdrawals to no more than Tk1 lakh per customer.

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