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Withdrawal limit extended to 1L amid lockdown

Previous limit was Tk50,000

Update : 12 Apr 2021, 09:55 PM

Bangladesh Bank on Monday extended the withdrawal limit from ATM booths to Tk1 lakh during the weeklong strict lockdown period, which begins from Wednesday.

The directive will be in effect until April 21, which also said that ATMS and mobile financial services (MFS) will remain operational during the strict lockdown to provide cash as per the demand of the general public.

The central bank also asked the lenders to keep adequate cash and internet services at their ATM booths to ensure uninterrupted service to their clients.

The previous limit was Tk50,000 even a day ago.

The Bangladesh Bank said that MFS will also be operational amid the lockdown period as an essential service.

Health guidelines should be maintained in case of providing the services, as per a BB notice issued on Monday.

The instruction will be effective from April 14.

The central bank also said that all scheduled banks will be closed during the lockdown period, but the officers and employees of the banks should be present at their respective workplaces on time.

Additionally, bank branches, sub-branches, and its ATM booths located in the sea, land and airports, as well as customs areas should be open at all times by consulting with the local administration and customs authorities.

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