Shawdesh desk:
Bangladesh Bank on Sunday finally lifted the limit on cash withdrawal from per account in a day.
From now on customers will be able to withdraw any cash amount from an account in a day, said Md Mezbaul Haque, executive director and spokesperson of the central bank.
‘Cash withdrawal restrictions will no longer be applicable from Sunday onwards,’ he added.
The relaxation comes a month after the central bank imposed the restriction amidst the deterioration in law and order situation after the fall of Sheikh Hasina government in a student-led mass uprising on August 5.
The central bank on August 7 asked banks to limit cash withdrawals to Tk 1 lakh per account. On August 11 and 18, Bangladesh Bank raised maximum cash withdrawal limit to Tk 2 lakh and 3 lakh respectively. On September 1, it hiked the limit to Tk 5 lakh per day.
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