Published:  07:24 AM, 08 August 2024 Last Update: 08:01 AM, 08 August 2024

Cash withdrawals over Tk 1 lakh not allowed toda

 Cash withdrawals over Tk 1 lakh not allowed toda
Citing security reasons, Bangladesh Bank has asked the banks of the country not to allow cash withdrawals of more than Tk 1 lakh on Thursday.

The central bank gave instructions to bankers through a message on Wednesday night. This measure was only placed for Thursday.

This measure was taken to discourage illegal usage of money, as the interim government oath-taking ceremony is scheduled for Thursday evening.

However, even though people cannot withdraw more than Tk 1 lakh cash, any amount of money can be transacted digitally.

The banking regulator also suggested encouraging the depositors to pay their parties through crossed checks.

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